Business Law Assignment | Intellectual Property Rights

   

Added on  2020-06-04

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Business Law
Business Law Assignment | Intellectual Property Rights_1
Table of ContentsINTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................11.1 Analyse and advice legal rules of implied terms relating to sale of good and service supply.....................................................................................................................................................11.2 Analyse and advice statutory provision on transfer of property and possession..................21.3 Evaluate the statutory provisions on buyer’s and seller’s remedies in sale of goodscontracts......................................................................................................................................31.4 Analyse and advice on product liability legal rules and statutory provisions for faultygoods...........................................................................................................................................3TASK 2............................................................................................................................................42.1 Differentiate between type of credit agreements..................................................................42.2 Analyse the legal rules on termination rights and default notices........................................52.3 Features of agency and difference between various types of agents.....................................62.4 Evaluate the rights and duties of an agent.............................................................................7TASK 3............................................................................................................................................83.1 Explain the monopolies and anti competitive practice legislation........................................83.2 Evaluate the role of competitive commission.......................................................................83.3 Dominant position with EU common market.......................................................................83.4 Exemption made to potential anti-competitive practices......................................................9TASK 4............................................................................................................................................94.1 Identification of different intellectual property rights...........................................................94.2 Principles relating to the protection of inventions from infringement................................104.3 Principles relating to copyright protection and the legal rules preventing their infringement...................................................................................................................................................104.4 Compare and contrast the protection of trademark.............................................................11CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12.......................................................................................................................................................12
Business Law Assignment | Intellectual Property Rights_2
Business Law Assignment | Intellectual Property Rights_3
INTRODUCTION Laws are the essential portion or legal regulations which frame by an statutory bodies toconduct all activities in an appropriate manner. In simple terms, law are the several rules andregulations which have to follow by every individual so that whole work are getting doneproperly. Business laws encompasses all rules and statues which enable an entity to operate theirworking properly (Dunning, 2014). This consider all process which is start to running a businessto end of its composition. These laws should have to follow by every owner and entrepreneurbefore commencing their entity. For this present report, a case study is evaluated in which aperson whose name is Ben purchase a car which was damage and he sign a clause under whichthe seller do not have any obligation for sort of damage. Thus, as a legal advisor advice will beprovided to Ben to keep focus on this matter. For this present assessment various laws are goingto be discussed in this assignment which are sales of good act, competition act, law of agencyand intellectual property right. TASK 11.1 Analyse and advice legal rules of implied terms relating to sale of good and service supplySale of goods act and supply of services are the two best laws which are implied on theseller to offer and deliver best quality products to their ultimate consumer. As per the sale ofgoods act, 1979 binds the two person with each other with adequate exchange take place. Itenable in binding the relation between two parties who want to facilitate an activity of buyingand selling. The sale contract signifies that transfer of property of a thing get done by a means ofsource which is money, price or value of that particular thing (Carney, Shepherd and Bailey,2012). Supply of service act replaced with the Consumer protection act 2015 which facilitates aright to a person to file a case against in any kind of misbehaviour from the side of seller. Thus,both the act are helpful in making experience of buyer more appropriate which are related withpurchasing of goods and taking its services. If user feel any sort of inconvenience and misbehaviour then they have a right to sueagainst such type of activity. According to present market context, in which buyer is consider as“King of the Market” not seller. 1
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