Contract Knowledge Mgmt.

Exam -The classification of legality (the pyramid/& the cheesecake) public practice of natural right/ close fair play etc. - balance decidendi -Obiter dicta -The essentials of a contract o event ? consideration -Treat and the counter offer(what is an invitation to treat) -The surplus of interpretation of legislation (golden rule, etc) -What is the limit company (ltd) and what is the plc? - fare the German legal philosophys -Know the comparison -How to play a new company (MOA) -Rights and duties of the directors (liability) -What is retention out? -Know companies act Classification of Law 1. Municipal law Public law: fundamental law, administrative law, criminal law Private law: law of contract, torts, property, succession, agency, employment, familiy law 2. International law (European Law) 3.

Private International law Sources of Law Continental European law = written, codified law Bürgerliches Gesetzbuch (Germany) law polite (France) Codice civile (Italy) Common law unwritten law is plethoric derives from discriminatory precedents Two principal sources determine English law: statute (enacted law by parliament) Judicial precedent proportion decidendi and Obiter dicta Ratio decidendi: = the legal principle of a precedent case; = the controller of law in relation to the particular facts »Is binding Obiter dicta: = pronouncements by the way = upon points of law which are not directly pertinent to the issue »Is no t binding The essentials of a contract ! 1. assign: a definite promise to be bound on plastered specified footing „I will parcel out my rail automobile for 500 Euro 2. Acceptance: final agree to all the terms of the offer „I will hit you 500 Euro for your car 3. Consideration: a benefit to single party or a detriment to the other „the factor of exchange in a contract Offer sound offer: -Must be communicated, so that the offeree may accept...If you want to pop a full essay, allege it on our website: OrderCustomPaper.com

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