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LAWS20061 Management Law : Assignment

   

Added on  2020-03-16

8 Pages1431 Words129 Views
Running Head: MANAGEMENT LAW 1MANAGEMENT LAWNameUniversityCourseTutorDate

MANAGEMENT LAW 2Question 1IssueDivorce or separations in a marriage situation is an issue affecting characters in this position due to the dilemma they face during the sharing of assets and finances after divorce[ CITATION Chi02 \l1033 ]. Depending on the time couples spend in marriages, financial sharing becomes an issue to consider upon dissolution. Every party should benefit from the separation especially if they do not have kids who complicate the situationRuleMarriage agreements in the event of divorce depend on the time made and the kind of contribution each of the parties. However, the law states that in case of a divorce, the couple making more money regardless of their gender is mandated to contribute for spouse maintenanceto ensure the wellbeing of the lower paid. It is the right of each partner to benefit from a divorce situation by the fair sharing of properties and finances[ CITATION Con03 \l 1033 ]. There are therefore some agreements and contracts signed before or after marriage to secure the parties even in the event of a loss. If for example the deal is approved before marriage, the union might be considered as a contractual marriage[ CITATION Chi02 \l 1033 ]. Agreements after the wedding are different in such a way that the first intention was not money and therefore the court can be fair when dealing with financial disputes.ApplicationIn the case of Susan, it is her right to ask for more financial support from her advice upon divorce as he earns more and also possesses more assets. Despite the agreement to take a certain

MANAGEMENT LAW 3amount of money after divorce, she is entitled to more. It is not even under the law to have such like an agreement as marriage is a great responsibility that deserves more appreciation under the law[ CITATION Con03 \l 1033 ]. The main reason as to why Tom might have asked for such a commitment is because he knows that his wife is worth more upon divorce and did not want to give moreConclusionMarriage agreements provide more benefit to the couple with less wealth as they have to be supported in the case of a divorce by getting some share of the finances owned by their partner according to the law. Question 2IssueConsumer purchase rights act to protect a buyer from binding themselves to a deal before signingany contracts or making the first payments. They can even decide to change their minds and request a different item or cancel their order even after starting their payments[ CITATION Ref10 \l 1033 ]. RuleAn individual becomes responsible for an item when they receive it safely from the supplier or seller. During the process of deal-making or transportation, the company is responsible for

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