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BUSINESS LAW INTRODUCTION 4 TASK 14

   

Added on  2020-10-05

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BUSINESS LAW
BUSINESS LAW INTRODUCTION 4 TASK 14_1

INTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................41.1 Legal rules and terms related with sales of goods act...........................................................41.2 Statutory provision on transfer of property and possession..................................................51.3 Provisions on buyer and seller remedies...............................................................................51.4 Product liability statutory provision......................................................................................6TASK 2............................................................................................................................................62.1 Types of credit agreements...................................................................................................62.2 Rules, termination rights and default notices........................................................................72.3 Difference between various types of agents..........................................................................72.4 Rights and duties of an agent................................................................................................8TASK 3..........................................................................................................................................103.1 Outline of monopolies anti-competitive practice legislation in the UK.............................103.2 Role of competition commission........................................................................................113.3 Dominant Position within EU common market..................................................................113.4 Application of EU exemption ............................................................................................11TASK 4..........................................................................................................................................124.1 Different forms of intellectual property..............................................................................124.2Principles relating to protection of inventions through patent rights...................................124.3 Principles relating to protection of copyright .....................................................................134.4 Compare the protection of trademarks and business names...............................................13CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................15
BUSINESS LAW INTRODUCTION 4 TASK 14_2

BUSINESS LAW INTRODUCTION 4 TASK 14_3

INTRODUCTIONBusiness law is all about legal norms, beliefs, rules and regulations that is amended bylegitimate bodies for entire corporate order to prevent buyer or seller from exploitative activities.In fact, it helps associations in various manners such as; reduce the possibilities ofmisinterpretation, frauds, wrongful conduct and so on (Mann and Roberts, 2011). Thus, everysmall and large firm are adopting several business laws to run their organization in smoothmanner by fulfilling each or every formalities of legitimate bodies. Therefore, assignment isgoing to highlight the major norms which are used by distinct companies while executing theirbusiness activities like; sales of goods act, consumer protection, employment laws, legal notices,liabilities related with products and so on. Moreover it shows the benefits of norms for companyin various ways as well as prevents several intellectual properties from getting misused.Furthermore, TASK 11.1 Legal rules and terms related with sales of goods actAccording to the section 12-15 of the Sale of Goods Act 1979 , the implied term is only applicable for those goods which are sold for a consideration of money. The Act of 1979 is simplified in two parts, Part I signifies the implied terms in contract for the supply of goods , where as Part II describes the implied terms in contract for services.Part IIt is comprise of two types of implied terms, the first one is of contract for the transfer of property in goods, these terms are implied for work and material and barter, for which the applied being obtains the ownership of goods; Second one is of Contract for the Hire, it is applied on such, where a person bails to agree the bailment of goods to another one in the form of hire (DAILY, KIEFF and WILMARTH , 2014).Part IIIt is consist of, Implied term in contracts for the supply of services, in this part a person makes an agreement of carrying out a service, it is also consist of transfer of goods, section 13 ofthe Act deals with care and skill of the supplier, that the supplier shall take reasonable care whilethe service of goods (Wilson v Best Travel Ltd,1993), a supplier shall carry out the service in 4
BUSINESS LAW INTRODUCTION 4 TASK 14_4

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