xref �E��?˪y $^�0���w$�Ғ�4{��7L���7egTn�����Ղ�b�6�_}�������>=�Jͻ�T���bOW�uAOe5��Q��-����g�,�J����i��A�5cY�~�l�5���KZ��y����-U�`.����n}SO��1���'dKo/�d������*Ű��;}���O ��6�y/w�~g��D�3�)�P��ݜ�`2�.3\�kj�����X���WuS�?�j�_4M/�x�W�"�����w*�=��OwOE�z�����o�Sѩ�ޓ����7'�Q�I�7 ��)_���x}�@4��}�H0:}�ݨ��A�#⛎�A�h��% �x9q��p^�db8Ol$>���7������N*�%�����1�����܈�v�-O���)�Ԇ]2�5bE�6g��.�E�K��� ABE Diploma in Business Administration Study Manual PRINCIPLES OF BUSINESS LAW Contents Study Unit Title Page Syllabus i 1 Nature and Sources of Law 1 Nature of Law 3 Historical Origins 6 Sources of Law 9 The European Community and UK Law: An Overview 13 2 Common Law, Equity and Statute Law 23 Custom 25 Case Law 26 Nature of Equity 32 iv. Criminal law is part of public law because a crime is regarded as an action against society and the state as a whole. Characteristics of Business … Competence of Partners - Since individuals join hands to become the … is binding over all the globe, in all countries, and at all times . The law of nature, again, is unchangeable – even in the sense that it cannot be changed by God. 5) It is backed by coercive authority. 2667 0 obj <>/Filter/FlateDecode/ID[<51EE2C95AAF3F83F5C60C3D781846274>]/Index[2652 719]/Info 2651 0 R/Length 116/Prev 1554437/Root 2653 0 R/Size 3371/Type/XRef/W[1 2 1]>>stream Systems of Law: Civil Law and Common Law �"�1�F��[ �g`������\J��a`������ʹ , T�������~Ҍ@| � �\� ��| *1��ւ�(���X���P->��4�鸨3 ��K�0N+��L�6�N5�3+�E_�{���z������P�F���ѩ�*M5�90[�y8�l�D)�@��1zY�l3�w�fµ��l��q�9:>��}|�y|�y|���q��[d���3�Jݟn ��%��1_����������yC��^��{�?4�O�� ����]�� �=���9�` �,k� Again, doing social or philanthropic work is not termed as partnership business. Closure of the business … (�$7��(r���}��{ c"m� '��0E�"��� ���DТ da����Ϩv��:SlZ�Uʅ �E����,"7�������3.Z��u0N�j{�|�������hͰ����������Xǣ�����ͮq�slyr�-D�$�+,`|�� nrN8��F��M��+A�/j�� @Hk�%�ڀ�yLI |��> ,�d3rp*�s�ǡ#hp�)h���� ��~��p�Tj��J�yԢT9hӓYL�JWrF��L�L��EUH9���Ũ��3z����#uy(g While the predominant concern in a business law course is substantive law, we will first consider the basics of procedural law, the form or organization of the legal system and its methods of conducting trials. TAXATION LAW I. business law and is the main focus of this document. 3. 0000002251 00000 n In the present-day-times-characterized by intense competition, advanced technology and globalization of the economy; business … 0000000885 00000 n Statutes command or prohibit something, or declare policy and getadded and amended to add to a current legislation. Nature of taxation Congress passed a sin tax law that increased the tax rates on cigarettes by 1,000%. The law was thought to be sufficient to drive many cigarette companies out of business… Everything you need to know about the characteristics of company. First, businesses must be the result of individuals working together in an organized way. 0000003573 00000 n /u^�z[*� Dk�ݴ/�ؑ�/�Q�GuW��h;}|��(�{>]���?� ����[��/f��}ݥ!� ��L��l�c36�u!���Ylfk�4����ᜣذ�)eh��)EBH+ðL�����ax;82�������@ߋ��0�g���������ob��2�X�i@|������ʿ����oJ��?��!kO}�}�71ӯ(a��1�7��*A���u��;�X�'��|X,��(l���zHl�������0��VȐ�>�m}���|7��9{6�����0�c�{�%��-���>ͼ����h�ho�����B����y�Rz�ј�. <<788C03086875674D9CEEE3E334A338E7>]>> A company is a voluntary association of persons, recognised by law, having a distinctive name, a common seal, formed to carry on business for profit, with capital divisible into transferable shares, limited liability, a … While the predominant concern in a business law course is substantive law, we will first consider the basics of procedural law, the form or organization of the legal system and its methods of conducting trials.
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