Assignment : Business Law Sample

Added on - 21 Jul 2020

  • 16

    pages

  • 4361

    words

  • 7

    views

  • 0

    downloads

Showing pages 1 to 4 of 16 pages
BUSINESS LAW
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Suggestion given to Ben on legitimate obligation related to sale of goods and supplying ofservices........................................................................................................................................11.2 Enactment provisions on transferee of holding and control..................................................21.3 Legal policies on customer and vendor remedies in sale of good agreements.....................21.4 Product obligation legitimate norms and statutory provisions for defective goods..............3TASK 2............................................................................................................................................32.1 Difference between several kinds of credit contracts...........................................................32.2 Legal norms on termination authorities and failure notices for Ben as a customer..............42.3 Important characteristic of agency and kinds of agents........................................................52.4 Rights and responsibility of an broker for guiding Ben about position of agent..................5TASK 3............................................................................................................................................6Covered in PPT...........................................................................................................................6TASK 4............................................................................................................................................64.1 Various types of intellectual property...................................................................................64.2 Rules regarding inventions through patent obligation and legitimate norms preventinginfringement................................................................................................................................74.3 Norms related to defending copyright and norms preventing infringement.........................84.4 Comparison between prevention of trademarks and organizational names..........................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONBusiness law is a set of various useful laws, acts, norms, rules and regulations which isapplicable on entire corporate world in order to run an organization in smooth manner. Legalbodies are involved in controlling wrongful conducts which is faced by companies whileperforming their business operations (Bagley, 2010). Therefore, assignment is going to highlightvarious acts which is applicable on buyers and sellers while involving in a contract. Along withthis, major roles and responsibilities of agents and main features of agency is also outlining inthis project. Additionally, rules and regulation regarding transfer of property and possession arealso described in this report for understanding the methods of improving complicatedcircumstances. Apart from this, whole assignment is based on case study of Ben's in which he isengaged in a buying a car but encountering few kinds of legal problems. Thus, in order to assistBen's various necessary acts are also framed for resolving situations. Additionally, it consist ofvarious types of agents and credit agreements for guiding Ben's about necessary facts or figures.Tools and techniques of preventing various intellectual properties are also discussed in detailformat.TASK 11.1 Suggestion given to Ben onlegitimate obligationrelated to sale of goods andsupplying ofservicesAccording to given case study Ben's are facing a major problem after buying a secondhand car due to acquiring inappropriate information and data about the product. Thus,as per thesales of goods act 1979 section 12 it isidentified that implied situations stated that seller has theauthority to sell their products per their terms and conditions. Moreover, various other sections ofthis act consist of other necessary information which must be considered while involving in acontract such as;Section 13-Goods must have in a same situation as per description is given.Section 14– Its about quality of product that means it must satisfied the customers withbest quality.Hence, if the buyer product is identified as a faulty within six months of purchasing timeperiod then trader must have authority to breach the agreement with clients. It means, section 14is applied in this situation because goods must be accomplished the purpose for which it is1
designed. Thus, in a given scenario car get stopped while travelling and its speed is also limitingin a sudden (Bodie, Kane and Marcus, 2014).1.2 Enactment provisions on transferee of holding and controlLegitimate bodies are involved in designing several provisions onpossession andtransmission of propertyunder the sales of goods acts 1979. Thus, this fallsinsection 5 ofpassing the title of property. Some of the major provisions regarding this are described asfollows:-5.1 seller title (Section 12):- It implied that seller have the authority to transfer theirgoods or services.5.2 (Transfer of property between consumers and seller):- According to this article it hasbeen assessed that there are number of results are identified which might occurred due totransformation of property which includes number of things. First is that authority to suea third one for any damages or loss of products is rely on those person whomsoever havethe property for relevant time period.Apart from this, number of laws are applied in a section 5 about property transfer in orderto control chances of fraudulent activities across the marketplace. Therefore, in given case studyBen's can use section 5 as well as section 20 in which it has been stated that uncertainty relatedwith products are connected with seller as liable for faulty items also just like damaged car.1.3 Legal policies on customer and vendor remedies insale of goodagreementsLegitimate bodies are involved in designing various types of acts in favour of seller andbuyer to control several number of problems faced by persons involved in a contract (Crane andMatten, 2016). Thus, various statutory provisions related to remedies of sales of goods act 1979are described as follows:-Remedies of seller are- Unpaid seller – It means as per the section 38 it is stated that if seller hasnot received full amount of goods and in case of payment through cheque which is denoted asunpaid seller. In fact some time cheque also get dishonoured. Major rights of unpaid seller are-He/ she has their lien on commodity.Authority to retain the products.If purchaser of the product get insolvent then seller have the authority to stop the transferof goods.Remedies of these kind of situations:-2
desklib-logo
You’re reading a preview
card-image

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Download This Document