This document provides study material and solved assignments on Business Law. It covers legal principles, tenant-landlord agreements, and various case scenarios. The document also includes references for further reading.
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Running head: BUSINESS LAW Business Law Name of the Student Name of the University Author Note
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1BUSINESS LAW Table of Contents Question 1: Legal Principles..........................................................................................2 Question 2: Case 1.........................................................................................................2 Question 3: Case 1.........................................................................................................2 Question 4: Case 2.........................................................................................................3 Question 5: Case 2.........................................................................................................3 Question 6: Case 3.........................................................................................................3 Question 7: Case 4.........................................................................................................3 Question 8: Case 4.........................................................................................................3 References......................................................................................................................5
2BUSINESS LAW Question 1: Legal Principles According to theResidential Tenancies Act 2006,a landlord is eligible to receive the rent for the property that he has rented to a tenant. While, the tenant must be given a safe place to reside for which he has paid or will pay the rent. The agreement between the landlord and the tenant must be turned into a written Tenancy Agreement. The Tenancy Agreement should include the rent that needs to be paid, either on weekly, monthly, quarterly or on annual basis, along with the specific day on which it needs to be paid. The agreement shall also comprise of the delivery method in which the payment should be made along with the specific method of payment which is suitable to both the parties. Along with these basic requisites, the Tenancy agreement should also specify the rights and obligations of the parties pertaining to the rented property. In addition, it must talk about the deposit amount and the circumstances under which the landlord shall be obliged to deduct a sum out of it. Question 2: Case 1 Melissa is eligible to sue David for his failure to make payment of 1 months’ rent, breaching theResidential Tenancies Act 2006. Melissa has the power to serve a notice undersection 59 of the above-stated Act to David, directing him to clear the due payment (Residential Tenancies Act 2006). She may also pray to the Landlord and Tenancy Board to collect the rent on her behalf. Melissa may decide to evict David for such non-payment ("Landlord and Tenant Board | SJTO", 2019). Question 3: Case 1 It is expected from the above case that David would pay the due rent, either directly to Melissa or to the Board. If David pays the due rent within 7 days after receiving the notice, the notice would be void as persection 67of the Act (Residential Tenancies Act 2006).
3BUSINESS LAW Lastly, if Melissa directs David to vacate the premise on the ground of rent default, he has to oblige that. Question 4: Case 2 Bob cannot deduct $1324.21 from Justin’s deposit for the dead houseplants and for replacing the stained carpet for $1075. He cannot hold Justice liable for the not maintain the houseplants unless it was his obligation to maintain it as per the Tenancy Agreement. While, Bob can deduct a sum for the carpet stained by Justin. Question 5: Case 2 $1324.21 cannot be deducted from Justin’s deposit for it was not his responsibility to maintain the dead plants. However, a sum of $537.20 (half of $1075) can be deducted for he stained the carpet, which had exhausted half of its shelf life. Question 6: Case 3 Sophia should be made liable for the fire for it was her heater cover given to the tenant that had caught fire, according to the Fire Brigade. Therefore, she should be made liable to pay damages to the tenant. The tenanthasthe remedy of claimingcompensationfrom Sophia for his/her damaged personal belongings. Question 7: Case 4 The landlord shall be held responsible for maintaining the broken window and the poorly functioning heater unless otherwise mentioned in the Tenancy Agreement. The tenant can be only held responsible for maintaining them if it was decided under the Tenancy Agreement.
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4BUSINESS LAW Question 8: Case 4 If the tenant had paid for repairing the broken window and the heater, he would be liable to claim the amount that he has spent on repairing the broken items. The tent can claim the repairing charges from the landlord directly and cannot deduct it from the rent, unless mentioned in the Tenancy Agreement or approved by the landlord.
5BUSINESS LAW References Landlord and Tenant Board | SJTO. (2019). Retrieved from http://www.sjto.gov.on.ca/ltb/ Residential Tenancies Act 2006