Business Law Case Study
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Business Law Case Study Sample Question And Solution
HI6027 Business Law for Business Judgement Rule
Part A – Short Answer Questions
Contracts are a fundamental part of people’s daily lives and form the basis of commercial law.
a) Explain this in relation to the elements required to form a basic contract.
b) Is a child able to enter into a contractual arrangement? Explain your answer.
Internal rules control the relationship between the company as a separate legal entity and its two main constituents – its members and officers (eg directors and company secretary). Identify and explain the ways companies can set up their internal rules.
There are main primary business structures that are available for businesses in Australia. These are discussed below.
- Sole Proprietorship – This is a business structure suitable when there is one owner and he/she has 100% ownership. This business structure is not separate from the owner and hence all the business liabilities are essentially personal liabilities for the owner (Davenport & Parker, 2014) - Read More
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Students from Singapore often look for business law case study examples to get an idea of how exactly they should write a proper business law case study following all the norms. The good news for you is that we provide examples in all business law areas.
In light of this, let us show you the areas we cover in business law:
- Tenancy laws
- Contract law
- Bankruptcy laws
- Consumer credit laws
- Sale laws
Get in touch with us if you want to see download an example of a business law case study done by professors and Ph.D. professors. And the best part is this is free of cost. You do not need to spend a single penny for this. Get free access to our ‘sample’ section and download examples in PDF format.
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Most Popular FAQs Searched By Students:
Q.1 What are business law and its importance?
Ans: Business law which is also known as commercial law refers to certain the rules and regulations that all businesses are supposed to follow. The law governs how a particular business or organization must start, buy, manage, sell or close their business.
The main objective of business law is to resolve disputes between two or more parties, protect rights and liberties and maintain order.
Q.2 What is a property in business law?
Ans: When a business or a business has legal title over something, it is referred to as property. The property can be tangible or intangible. Examples of the property would be vehicles, real estate, equipment, furniture, etc.
Q.3 What is the importance of studying business law?
Ans: Business law is important for students so that the students who are pursuing a career in this field have an understanding of how the real world of business works. Further, it will make them better in making a decision on complex matters. It is important to understand all the existed laws associated with the business so they can control certain unethical activities.
Q.4 What are the branches of business law?
Ans: The branches of business law are stated below:
- Property law
- Contract law
- Corporate law
- Business regulations
- Uniform commercial law
- Intellectual property law
- Tax law
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