Showing posts with label business law. Show all posts
Showing posts with label business law. Show all posts
Discharge of a contract relates to the circumstances in which the contract is brought to an end. Where a contract is discharged, each party is freed from their continuing obligations under the contract. A contract may be discharged in one of the following ways...
 
 
INTRODUCTION The role of contract is central to the smooth functioning of society and the commercial world.  People contract on a daily basis in a variety of ways.  Some of these contracts simply involve the purchase of a newspaper or a bus or rail ticket, while others involve complex commercial transactions, such as the importation of goods from overseas.  A study of contract law offers a practical insight into the manner in which commercial agreements are validly created and it assists in reducing the risks inherent in business transactions.
see more:CONTRACT LAW.pdf
Review: Law of Contract – Offer and Acceptance

The following extract will concentrate on the principles relating to the communication of offers and acceptances.
The most frequently asked questions usually involve communication of acceptance but, remember that an offer must be communicated too.
If you’re answering a problem question, don’t forget to identify the claimant and what s/he is suing the defendant for. That established – define your terms:
see more: Review: Law of Contract.pdf
The seventh edition of this book aims to build on the strengths that have led to the success and popularity of the previous editions, which have been extremely well received by both teachers and students alike. It incorporates all the important legal developments that have taken place since the publication of the last edition. As with our previous edi- tions, our aim has been to provide a clear explanation of the law of contract. As well as setting out the law itself, we look at the principles behind it, and discuss some of the issues and debates arising from contract law. We hope that the material will allow you to enter into some of that debate and develop your own views as to how the law should develop. One of our priorities in writing this book has been to explain the material clearly, so that it is easy to understand, without lowering the quality of the content. Too often, law is avoided as a difficult subject, when the real difficulty is the vocabulary and style of legal textbooks. For that reason, we have aimed to use ‘plain English’ as far as possible, and explain the more complex legal terminology where it arises. There is also a glossary explaining common terms at the back of the book. In addition, chapters are structured so that material is in a systematic order for the purposes of both learning and revision, and clear subheadings make specific points easy to locate. Although we hope that many readers will use this book to satisfy a general interest in the law, we recognise that the majority will be those who have to sit an examination in the subject. Therefore, each chapter features typical examination questions, with detailed guidance on answering them, using the material in the book. This is obviously useful at revision time, but we recommend that, when first reading the book, you take the oppor- tunity offered by the questions sections to think through the material that you have just read and look at it from different angles. This will help you both to understand and to remember it. You will also find that the Appendix at the end of the book gives useful general advice on answering examination questions on contract law.
see more: Contract Law Catherine Elliott & Frances Quinn.pdf
In Part III of the text we discussed a number of doctrines that control the contract negotiation process. Some vitiation doctrines focus on the reprehensible behaviour of the party seeking to uphold the contract (eg misrepresentation (ch 6) and duress (ch 9)); others focus on the impaired consent of the party seeking to escape the con- tract (eg mistake (ch 7)). This chapter examines a further basis for invalidating an otherwise valid contract; namely, the claimant’s incapacity to make the contract in question. Recognised categories of personal incapacity are infancy, mental incapacity, and those so affected by drink or drugs as not to know what they are doing. All others are presumed to have the capacity to make a valid contract although lesser weakness of mind, immaturity, inexperience, or lack of knowledge may, in appropriate cases, allow a party to avoid a contract for undue infl uence, as an unfair guarantee, or as an unconscionable bargain (see ch 10).
see more:CONTRACT LAW BY MINDY CHEN-WISHART.pdf




This work presents the lecture notes on all the relevant Business Law topics as indicated
in the course outline and which the students, subjects to this course, are intended to learn
over the stretch of the respective semesters and it is intended to aid students to avail
themselves of the guidelines to this course, usefulness of which it is assumed, would help
them create a definite scope on what they have to learn when they do their library
materials exploration. In no way is this work destined to be an exhaustive and all-in-one
facility for every matter in Business Law required of students to gain knowledge of in
this course. Students are called upon to refer to the Library Materials cited by the
Instructors in the class as well as those provided in the course outline for a better
understanding and an ever lasting, well packed satisfaction.  

Kisilwa, Zaharani

see more: Business law: lecture notes.pdf

AGREEMENT Once when offer has been accepted, both offer and acceptance change their character and become an agreement. This is the situation whereby an offer made by one person is accepted by the person to whom the offer is made.
Therefore, agreement comes into existence only when one party makes a proposal to the other party and that other party implies his acceptance.
Agreement is not a contract
An agreement is called a contract only when it is enforceable by law. All agreements do not need a legally enforceable and on that we can say an agreement has a much wider scope than a contract. An agreement does not necessarily imply a legal obligation on the parties to the agreement.
see more: AGREEMENT.pdf
Agency is a relationship established when two parties agree to have one party act on behalf of the other. The example discussed in this guide will be the real estate brokerage acting on behalf of a buyer or a seller. The agency relationship exists between the Client (buyer or seller) and the Agent (the brokerage, including its broker, associate brokers and associates).
Members of the public at first point of contact with a brokerage representative are not in an agency relationship with the brokerage. It is important to note that an agency relationship can be created if either party acts in a manner that implies that such a relationship exists. For example, an agency relationship may be created unintentionally if the buyer or seller provides confidential information to the REALTOR® or asks the REALTOR® for advice about a possible purchase or sale. You should be careful not to form this relationship until you have made a conscious decision to have the brokerage act on your behalf and you have consented to the agency relationship in writing.
see more: Agency Relationships guide.pdf
(Toleo hili la Katiba ya Jamhuri ya Muungano wa Tanzania, ya Mwaka 1977, limezingatia na kuweka pamoja mabadiliko yote yaliyofanywa katika Katiba ya Muungano tangu ilipotungwa mwaka 1977 hadi tarehe 30 Aprili, 2000.


 Katiba ya Jamhuri ya Muungano wa Tanzania 1977.pdf



Law is the subject that touches every angle of human activities.  It has existed since the beginning of human society. The fundamental nature of the law is to regulate people’s conduct and, thus, to guarantee harmony in the society. Every person in the society is required to observe the law that guarantees non-interference with other peoples’ rights. Thus, everything a person is doing, with the view to sustain himself, is subject to the provisions of the law.  Failure to observe the law may attract sanctions and penalties. However, to be able to understand and apply the law one need to know at least the principles in which the law is found. This paper explains the meaning of the law, the nature of the law, the function of the law and the sources of the law in the society. 
see also: 



EXAMINATION TECHNIQUE
HOW TO ANSWER LAW EXAM
There are two types of question: A student preparing for a law examination must train himself to answer two kinds of question:
I. Textbook questions, i.e. those requiring exposition or discussion of a particular topic. II. Problems, i.e. those requiring the application of legal principles (Essay type) to a given situation.
Textbook Questions. These are designed to test the student’s knowledge and understanding of the subject. Such questions require the statement, criticism or discussion of principles. Here are some points for guidance:
a) Read the question carefully. It is very important to read the question carefully and precisely. Underline any parts of the question which seems to you to be significant. Note particularly what you are told to do. E.g. a contract is an essence of the agreement, but not all agreements are contract. Discuss.  
b) Make an outline plan of your answer. In order to this you must try to see exactly what the examiner wants. If the question is widely drawn you will need a widely drawn plan. If the question is narrowly drawn, you will need a narrowly drawn plan. Make sure that the aim and scope of your plan exactly satisfy the question. It is at this stage you must settle what goes into your answer. Your outline will probably consist of four or five key sentences arranged in logical sequence. Jot down the name of cases and statutes you wish to cite. 
c) Write an answer based on the plan. Stick to the plan and try to set out the answer in an attractive way. Let the plan “show through” the answer so that your work has an obvious shape to it. If you think that sub headings will help to underline the form of your answer, then delineate them clearly (e.g. by numbering and underlining them) 
d) Express yourself with clarity and precision. Your style of writing is personal, but in law examinations it is usually best to aim at simplicity. Never use a long sentence when a shorter one will do. Never use a long sentence when the ideas contained in it can be more simply expressed in two or three short sentences. Keep close to the line of argument in your outline plan. Above all do not “waffle”: the examiner will always recognize this for what it is, and it will gain you no marks. 

Essay type Exams 
Most law exams call for essay-type answers, designed to test your ability to analyze and resolve legal problems. Your answer must demonstrate the ability to spot the precise legal issues involved in the problem, and to provide a LEGAL solution to those issues based on the materials studied throughout the course and your own reasoning ability. The following suggestions should be considered in writing your question:
(1) Analyze the problem carefully: Read the problem through once quickly and determine its general nature. Focus on the question asked at the end of the problem (e.g., "What are the rights and liabilities of the parties'?" or "What advice would you give P, and why?"). Keeping in mind the question asked, read the problem through again, slowly and carefully. Squeeze every word and phrase to raise all potential issues; you will later eliminate those that are not logically relevant. Ordinarily, it should not be necessary to read in or stretch the facts to reach the issues. Instead, confine yourself to the facts given and the logical inferences that can be drawn therefrom. Apply your "approach") to make sure that you have raised all relevant issues.
(2) Organize your thoughts: After you have completed your analysis, chart the issues and the manner in which you will resolve them before you start writing. Arrange the issues in the sequence in which you would expect a court to deal with them, i.e., normally, jurisdiction (applies to law students), then liability, and remedies. Jot down the points you will discuss in sufficient detail to force you to think the problem through to its conclusion. Make sure that your analysis is leading to a fair and practical solution; if not, recheck your analysis.
(3) Don't start writing until your analysis and organization is complete: You'll usually find it necessary to spend at least one-fourth of the time allocated for the question in analyzing the problem and organizing your answer. Don't be concerned that others begin writing before you do; examiners   are usually more concerned in the quality than the quantity of a student's answer. Also, a logical organization and clear expression of ideas can do wonders for a solid substantive answer and can even bolster a weak answer. Finally, you'll find you can write faster than you'd suppose.
(4) When you are ready to begin writing, use the I-R-A-C format for each issue raised:
IRAC=Issue+ Rule (Law) + Analysis + Conclusion
(a) First, specify the issue: State the issue in precise legal terms (e.g., whether the defendant beached the condition of contract"). Avoid generalizations and fence-straddling phraseology (e.g., "Can the offeree sue for breach of contract?").
(b) Next, state the applicable law - the rule and reasoning applicable to the issue: Consider the applicable law pertaining to the issue you have. The law can be case law or provision of legislations.   Make certain that you express the underlying rationale behind each rule of law. 
(c) Then, apply the law to the facts: Avoid the common error of stating a rule and then jumping to the conclusion that the rule should be applied. The examiner will not infer a supporting argument for you - you must spell it out. Therefore, with respect to each element of law involved, show which facts in the case support (or prevent) application of the rule. Discuss and weigh the facts given and logical inferences to be drawn therefrom. 
(d) Finally, come to a conclusion on each issue: Make sure that you have answered the question asked (e.g., if the question is "What advice would you give?" state clearly and explicitly your ad-vice). Never leave an issue "hanging," or end your discussion of the problem with a question. If a number of solutions are possible, discuss the merits of each, but always select one position as your decision and state why. Remember that in close cases, it is generally best to select the most practical and fair decision, and avoid a decision that disposes of the issues on purely technical grounds. Most law instructors appreciate and encourage independent and original legal reasoning. Therefore, don't consider yourself bound by the "general rule" " in answering an exam unless the question clearly calls for such.
(5) Remember these other helpful pointers:
(a) Budget your time: If you have allocated one-fourth of your time to analysis and organization, you should write only in such detail that you will cover all points raised in your analysis in the remaining time. Also, always save at least two or three minutes at the end of the period to review your answer and to clarify and improve it. You may pick up grade points simply by making your answer more readable or by catching obvious errors.
(b) Stick to the issues: It is not advisable to go into matters not directly raised by the exam question. Avoid the temptation to recite broad segments of the law which you may have committed to memory but which in reality have little to do with the problem raised. You will often find that you are short of time in writing a law exam, and it is therefore dangerous to digress from the actual issues.
(c) Emphasize what counts: Law exams are usually graded more heavily on certain issues than on others. Therefore, in writing your answer, spend as much time as possible on the more controversial or difficult parts of the problem. You should not minimize or skip over preliminary points, but your instructor is usually more concerned with the way you handle the difficult issues of the problem, and will grade accordingly. Except where the question clearly calls for it, discussions of historical materials, superseded doctrines, or discredited cases should be kept to a minimum.
(d) Make sure your answer is readable: A grader is not likely to be impressed by the logic of an answer that cannot be read or is difficult to decipher. Therefore, if your handwriting borders on the illegible, it will be helpful for you to learn to type your exams (Assignments). Typing is also a boon to those whose handwriting is so slow that it puts them at a disadvantage time wise on law exams. Whether you write or type, keep your sentences short and paragraph frequently. It is also a good idea to leave an extra line between paragraphs; it enhances readability and provides room for insertion of thoughts that occur to you later.