September 4th, 2012
The Southeast Asia Collective Defense Treaty or Manila Pact was signed on September
8th, 1954 in Manila, Philippines. This treaty formed the South East Asia Treaty Organization
Chapter 19 Breach of Contract and Remedies
There are multiple remedies that the nonbreaching party can take.
A remedy is the relief provided for an innocent party when the other party has breached the contract.
It is a means employed to enforce a right
Chapter 20 The Formation of Sales and Lease Contracts
When we turn to contracts for the sale and lease of goods, we move away from common law principles
and into the area of statutory law.
It is based on the uniform Commercial code (UCC) which has been
Chapter 21 Title, Risk, and Insurable Interest
Title controlled all issues of rights and remedies of the parties to a sales contract
UCC created 3 more concepts of title: identification, risk of loss, and insurable interest
Section 1 Identification
Chapter 28 Employment Discrimination and Diversity
Out of the 1960s civil rights movement to end racial and other forms of discrimination grew a body of
law protecting employees against discrimination in the workplace
Legislation, judicial decisions, an
Chapter 25 Agency Formation and Duties
In an agency relationship involving two parties, one of the parties, called the agent, agrees to represent
or act for the other, called the principal.
The principal has the right to control the agents conduct in ma
Chapter 27 Employment, Immigration, and Labor Law
Until early 1900s, most employer-employee relationships were governed by the common law.
Even today, under the common law employment-at-will doctrine, private employers have considerable
freedom to hire
CHAPTER 1 LAW & LEGAL REASONING
Guiding Principles of Business Law
Equality of Treatment
Mitigating Effects of Unequal Bargaining
Consideration of rights of indirect
Shaping Moral Standards
Impact on Government Programs and
3rd Regular Exam
Class 14-18 Slides
Formation of Sales and Lease Contracts
Title, Risk, and Insurable Interest
Performance and Breach of Sal
Chapter 17 Third Party Rights
Once it has been determined that a valid and legally enforceable contract exists, attention can turn to
the rights and duties of the parties to the contract.
Privity of contract a contract is a private agreement between the
Chapter 13 Consideration
The fact that a promise has been made does not mean the promise can or will be enforced.
Under Roman law, a promise was not enforceable without a causa that is a reason for making the
promise that was also deemed to be sufficien
Chapter 14 Capacity and Legality
In addition to agreement and consideration, for a contract to be deemed valid, the parties to the
contract must have contractual capacity
Contractual capacity the legal ability to enter into a contractual relationship.
1. Cardinal rule of contract interpretation/plain meaning rule
Objective theory of contracts intent is determined by this, not by the person or subjective intent, or
belief, of a party. A theory under which the intent to form a contract will be judged by
Chapter 18 Performance and Discharge in Traditional and E-Contracts
Just as rules are necessary to determine when a legally enforceable contract exists, so also are they
required to determine when one of the parties can justifiably saw I have performed,
Class 9-13 Slides
Mistakes, Fraud, and Voluntary Consent
The Writing Requirement and Electronic Records
Third Party Rights
Chapter 16 The Writing Requirement and Electronic Records
A contract that is otherwise valid may still be unenforceable if it is not in the proper form.
The writing requirement does not mean that an agreement must be a formal written contract.
Chapter 22 Performance and Breach of Sales and Lease Contracts
The basic obligation of the seller or lessor is to transfer and deliver the goods as stated in the contract,
and the basic duty of the buyer or lessee is to accept and pay for the goods.
Chapter 26 Agency Liability to Third Parties and Termination
Generally, the liability of the principal will depend on whether the agent was authorized to form the
Agents liability to third parties because of an agents torts.
How agency relati
Chapter 24 International Law in a Global Economy
Laws affecting the international legal environment of business include both international law and
International law can be defined as a body of law formed as a result of international customs
September 12, 2012
The dollar limit on Small Claims actions in Collier County in Florida is $5,000. The
Small Claims Court handles all types of cases except alimony, mortgage, or traffic find disputes.
September 26, 2011
After much thought I do not support Jans (John Travolta) decision not to take the
settlement offer proposed by Jerome Facher (Robert Duvall) while sitting on the bench in the
October 31, 2012
The nursery rhyme, The Owl and the Pussycat is a good example of contract law. The
nursery rhyme is about an Owl and a Pussycat falling in love and going off to sea in a beautiful
November 28, 2012
We have spent a lot of time discussing property this semester in our discussion of the
law. The painting View of the Castle of Wijk at Duurstede by Jan van Goyen represents many
aspects of p
Chapter 1 Law and Legal Reasoning
One important function of law is to provide stability, predictability, and continuity so that people know
how to order their affairs
Law- consists of enforceable rules governing relationships among individuals and their
Chapter 3 Courts Procedures
American and English courts follow the adversarial system of justice. Meaning most parties lawsuits
hire attorneys to represent them.
Section 1 Procedural Rules
Parties of a lawsuit must comply with the procedural rules of th
Chapter 2 Courts and Alternative Dispute Resolution
The US has 52 court systems, one for each state, one for DC and one federal system.
Federal court is NOT superior to state courts
Supreme Court has the final controlling.
Section 1 The Judiciarys Role
Chapter 5 Business Ethics
One of the most complex issues businesspersons and corporations face is ethics
Chick-Fil-A donation to a Christian Church against same-sex marriage.
Section 1 Business Ethics
Ethics the study of what constitutes right or wrong
Chapter 8 Intellectual Property Rights
Intellectual property is any property that results from intellectual, creative processes that is to say,
the products of an individuals mind.
Section 1 Trademarks and Related Property
Trademark is a distinctive mar
Chapter 12 Agreement in Tradition and E-Contracts
Agreement is required to form a contract, whether it is formed in the traditional way (on paper) or
online. In todays world, many contracts are formed via the Internet even from smartphones, tablets,
Chapter 11 Nature and Terminology
Contract law deals with, among other things, the formation and keeping of promises
Promise a declaration by a person (the promisor) to do or not do a certain act. As a result, the person
to whom the promise is made (the