Introduction to Business Law (Doc)

Added on -2020-02-12

| 19 pages| 6048 words| 45 views

Trusted by 2+ million users,
1000+ happy students everyday

Showing pages 1 to 4 of 19 pages

Business law
Table of ContentsIntroduction......................................................................................................................................1TASK 1............................................................................................................................................11.1 Proposal to Ben on judicial regulation of silent terms related with merchandising of goodand supply of work.................................................................................................................11.2 Notify Ben over enactment provisions on movement of property and possession .........21.3 Evaluating the enactment condition on buyer's and seller's correction within sale of goodscontract...................................................................................................................................31.4 Examine and discuss on product susceptibility judicial rules and statutory provision forfaulty goods............................................................................................................................4TASK 2...........................................................................................................................................52.1 Types of agreement related to the credit which Ben can obtain to buy and use a new car...52.3 As a consumer Ben the Legal rules on ending rights and default notices........................62.3 General characteristic of Agency and difference between the types of agents................62.4 For assisting Ben understand his position, Rights and duties of an agent are as follows:8TASK 3............................................................................................................................................93.1 Outline and explain the monopolies and anti- competitive practice legislation in the UK93.2 Role of the Competition Commission for the monopolies and anti-competitive practices..93.3 Dominant positions within the EU common market with examples..............................103.4 Exemptions that are made to potentially anti-competitive practices..............................11TASK 4 .........................................................................................................................................114.1 Different types of intellectual property rights................................................................114.2 Principles related to the security of inventions through patent rights and legal rules....124.3 Principles relating to copyright protection and the legal rules.......................................124.4 Compare the protection of trademarks...........................................................................13CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
IntroductionBusiness law comprises all the legal instrument that tell how to create and trial thebusiness organization. This consider all the legislations that regulate the manner to start,manage, buy, close and exchange any type of organisation. They establish laws that have tobe follow by all the types of business. A great business person will always be aware about allthe law related to any organisation that has been made by the government. In this case Benwho have purchased a new car which he like most at the time of test drive but after few daysit was not proven according to the specification and exception, he again gone to the place ofcar dealer and car dealer denies accepting it. So various laws that are advice such asprosecution of the details, product as per the quality are to him so that he can take legalaction against the car dealer. At the second part of the report he wants to start the samebusiness that to sell the second hand car at that time he should be aware about the variouslaws such as intellectual property right and dominant position.TASK 11.1 Proposal to Ben on judicial regulation of silent terms related with merchandising of goodand supply of workThe present case defines that Ben a person who want to purchase a new car which areprovided in magazines of car dealer (Palmer, 2014). The present advertisement shows thatBen select a second hand car. When Ben has decided to go to the showroom, the dealer saidthat car was not existed in the store (Claypoole, 2016). In addition to this, if Ben want to seethe car, he has to pay 150 pounds as amount of consideration. In order to this, Ben paid theamount to the dealer and went the car for a test drive. During the test drive, he like the carand decide to purchase it immediately. After purchasing the car, Ben was going to his familyand feel that car's engine was heating high. He also realizes that car need to cool down for afew movements and restart after that. After this incidence, he went to the car dealer with hiscar and told the dealer every thing. He was informed that, before purchasing the car by him,the car was already taken by the two owner. The owner of the previous car, use it as a taxicab. In this case, the dealer rejected to return the sales which is based on the clause of termand condition which is related to the sales of car.1
By analysis the above case it has been assessed that both the buyer ans seller have thelegal obligation which is related tom the sales. According to section 12-15 of Sales of goodsact 1979, there purpose be implied terms mentioned in this case.Section 12: As per this, seller have the possession of the product in the case oftransfer of the right of a property.Section 13: It states that the prescription and details of the product must be fullyenclosed so that quality of the product can be stated effectively.Section 14: Products are described and quality is not faulty. It means that product isin condition which is acceptable by the buyer (Oladokun and Aluko, 2014).Section 15: The quality of product within the trial actuation was not really pictured asthe region for driving was not same as compared with actual condition. As per the above proceeding, it has been assessed that judicial obligation politicalparty were not complied with an effectual way. The dealer of the car did not perform as perthe legal rules. The quality of the products is also fluty because it will; not prescribed in aneffective manner. In addition to this, firm try to reduce the liability by using exclusion clausein a contract. Where, the exclusion clause will not apply effectively in the present case interm of implied contract. Hence, Ben requires the liability to claim against the damageswhich are acquired by him because car is purchased by him (DiMatteo, 2012).1.2 Notify Ben over enactment provisions on movement of property and possessionBusiness law separated the goods into two groups: One is particular goods andsecond is unspecified goods. As peer the present case, through the advertisement Ben will getfull details of the car. In advertisement, there will be full description and details arementioned of car. In order to this, here car is known as particular products as per prescribedby the law. On the other hand, unspecified goods are those which are not clearly defined anddetails of the products are not mentioned properly (Pratten and Carlier, 2010). As per thecase, statutory obligation as per the Transfer of Property Act, 1882 is related to the followingmanner:For selling the products, it must be acceptable as per the law.2

Found this document preview useful?

You are reading a preview
Upload your documents to download
or
Become a Desklib member to get accesss

Premium

$45

Q&A Library Access

Chat support

12

Document Unlocks

4

Answer Unlocks

Students who viewed this