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Business Law Lecture Notes and Ebook free download
Pankaj Yadav

Business Law Lecture Notes and Ebook free download

Pankaj Yadav | 17-Jan-2016 |
LEGAL FUNDAMENTALS , THE LAW OF TORTS , CONTRACT LAW , BUSINESS ENTITY LAW , BUSINESS RELATIONSHIPS , PROPERTY RIGHTS ,

Hi friends, here Pankaj Yadav uploaded notes for Business Law with title Business Law Lecture Notes and Ebook free download. You can download this lecture notes, ebook by clicking on the below file name or icon.

PART 1: LEGAL FUNDAMENTALS ..........................1
SECTION 1-1: INTRODUCTION TO LAW ...................... 1
Definition and Purpose of Law ...... 1
Business Law versus Business Ethics ........................ 2
SECTION 1-2: SOURCES OF CANADIAN LAW AND THE LEGAL SYSTEM ............................. 2
Categories of Law ........................... 2
Systems of Law: Civil Law and Common Law ........... 3
Sources of Law: The Constitution, Legislation, and the Courts ................. 4
SECTION 1-3: USING THE COURTS - AN OVERVIEW OF CIVIL PROCEDURE ...................... 9
The Court System ........................... 9
The Litigation Process ................. 11
Alternative Dispute Resolution ... 15
Administrative Tribunals .............. 16
STUDY QUESTIONS FOR PART 1: LEGAL FUNDAMENTALS .................. 17
ANSWERS TO STUDY QUESTIONS FOR PART 1: LEGAL FUNDAMENTALS ...................... 19
PART 2: THE LAW OF TORTS 20
SECTION 2-1: INTRODUCTION TO TORT LAW ........ 20
What is a Tort? .............................. 20
Development of Tort Law ............ 22
Main Types of Torts...................... 23
SECTION 2-2: GENERAL PRINCIPLES OF TORT LAW .............................. 23
Burden of Proof ............................. 24
Liability ........ 24
Defences ..... 26
Limits to Damages in Torts ......... 26
Remedies under Tort Law ........... 26
SECTION 2-3: INTENTIONAL TORTS .......................... 28
SECTION 2-4: TORTS FROM BUSINESS OPERATIONS ........................... 30
SECTION 2-5: NEGLIGENCE......... 32
Burden of Proof ............................. 32
Defences ..... 36
Product Liability ............................. 37
Professional Liability .................... 38
STUDY QUESTIONS FOR PART 2: THE LAW OF TORTS .......................... 40
ANSWERS FOR PART 2: THE LAW OF TORTS ......... 43
PART 3: CONTRACT LAW ....... 45
SECTION 3-1: ENTERING INTO A CONTRACT—ELEMENTS OF A VALID CONTRACT ..... 45
An Intention to Create Legal Relations ..................... 46
Offer ............. 46
Acceptance of an Offer ................ 49
Consideration 50
Certainty of Terms ........................ 52
Capacity to Contract ..................... 53
Legality of Object .......................... 56 

SECTION 3-2: PRIVITY OF CONTRACT AND ASSIGNMENT OF CONTRACTUAL RIGHTS57
Privity of Contract ......................... 58
Assignment of Rights ................... 60
SECTION 3-3: THE REQUIREMENT OFWRITING .... 61
The Statute of Frauds .................. 62
Consumer Protection Act ............ 63
Sale of Goods Act ......................... 64
SECTION 3-4: INTERPRETING CONTRACTS ........... 65
Interpretation of Express Terms . 65
The Parol Evidence Rule ............. 65
Implied Terms ............................... 66
SECTION 3-5: CONTRACTUAL DEFECTS ................. 66
Mistake ........ 67
Misrepresentation ......................... 70
Unfairness During Bargaining ..... 72
SECTION 3-6: THE DISCHARGE OF CONTRACTS .. 73
Discharge by Performance .......... 73
Discharge by Agreement ............. 75
Discharge by Frustration ............. 76
Discharge by Operation of Law .. 77
Breach of Contract........................ 77
SECTION 3-7: BREACH OF CONTRACT ..................... 78
Essential and Non-Essential Terms........................... 78
Ways to Breach a Contract ......... 78
Effects of a Breach ....................... 80
Exemption Clauses ...................... 81
Remedies for Breach of Contract ............................... 82
STUDY QUESTIONS FOR PART 3: CONTRACT LAW 85
ANSWERS FOR PART 3: CONTRACT LAW ............... 89
PART 4: BUSINESS ENTITY LAW ........................... 91
SECTION 4-1: AGENCY RELATIONSHIPS ................. 91
What is Agency? ........................... 91
Creation of an Agency Relationship .......................... 91
The Scope of an Agent’s Authority ............................ 92
When is the Agent Liable? .......... 93
Responsibilities of Agent to Principal ........................ 93
Responsibilities of Principal to Agent ........................ 94
Termination of Agency Relationship .......................... 94
SECTION 4-2: LEGAL FORMS OF BUSINESS ........... 94
Sole Proprietorships ..................... 94
General Partnerships ................... 95
Limited Partnerships .................... 99
Limited Liability Partnerships ...... 99
Corporation .. 100
SECTION 4-3: CORPORATE LAW .............................. 100
Nature of a Corporation ............. 100
Methods of Incorporation ........... 101
Types of Corporations................ 102
Corporate Financing ................... 103
Share Capital ............................... 103
Corporate Governance .............. 104
The “Business”: External Relations ......................... 107
STUDY QUESTIONS FOR PART 4: BUSINESS ENTITY LAW ................. 111
ANSWERS FOR PART 4: BUSINESS ENTITY LAW 114
PART 5: BUSINESS RELATIONSHIPS ................. 115
SECTION 5-1: SALE OF GOODS 115
Application of the Sale of Goods Act ....................... 115
Passing of Property .................... 116
Implied Contractual Obligations of the Seller ......... 117
SECTION 5-2: CONSUMER PROTECTION .............. 119
Principal Areas of Consumer Protection Legislation 119
Regulation of Business Conduct Towards Consumers ........................... 121
SECTION 5-3: BANKING ............... 122
Banking Agreement .................... 122
Negotiable Instruments .............. 123
Electronic Banking ...................... 125
SECTION 5-4: SECURED TRANSACTIONS AND CREDITORS’ RIGHTS.............................. 125
Secured Transactions ................ 125
Creditors' Rights ......................... 127
Other Statutory Protection for Creditors .................. 130
SECTION 5-5: EMPLOYMENT LAW ........................... 131
Pre-employment ......................... 131
During Employment .................... 132
Termination and Post-Employment ......................... 134
SECTION 5-6: COMPETITION ..... 135
Conspiracies 135
Monopolizing ............................... 135
Mergers ..... 136
SECTION 5-7: ENVIRONMENTAL PROTECTION ... 136
Federal Legislation ..................... 137
Provincial Legislation ................. 138
Corporate Liability ....................... 138
SECTION 5-8: INTERNATIONAL BUSINESS LAW .. 139
Laws to Control or Facilitate Trade .......................... 139
International Contracts of Sale . 140
STUDY QUESTIONS FOR PART 5: BUSINESS RELATIONSHIPS ......... 141
ANSWERS FOR PART 5: BUSINESS RELATIONSHIPS ........................... 144
PART 6: PROPERTY RIGHTS 146
SECTION 6-1: REAL PROPERTY ............................... 146
Estates in Land ........................... 146
Interests Less than Estates ....... 148
Leases ....... 149
Termination of a Lease .............. 150
Transfer of Interests in Land ..... 151
Business Law Notes P a g e | iv
© 2012 Certified Management Accountants of Ontario. All rights reserved.
Mortgages . 151
Recording of Interests in Land .. 152
SECTION 6-2: PERSONAL PROPERTY .................... 153
Acquiring Personal Property Rights ......................... 153
Bailment .... 153
Insurance .. 156
SECTION 6-3: INTELLECTUAL PROPERTY ............. 157
The Nature of Intellectual Property .......................... 157
Copyrights . 158
Trademarks . 159
Patents ...... 160
Industrial Designs ....................... 160
Remedies for Infringement of Intellectual Property Rights ...................... 160
Confidential Information ............. 160
STUDY QUESTIONS FOR PART 6: PROPERTY RIGHTS ........................ 162
ANSWERS FOR PART 6: PROPERTY RIGHTS ....... 164

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