Business Law – Introduction
What Is Law?
INTRODUCTION TO BUSINESS LAW What is ‘Law’? Cleverness In This Article What is ‘Law’? Law – Definition The ‘Rule of Law’ Law Enforcement What is ‘Law’? We are faced with references to ‘Law’ and ‘Legal Issues’ nearly everyday in the news, movies and even sit-coms and comedy shows. It is an important part of our […]
What Is Jurisprudence?
INTRODUCTION TO BUSINESS LAW What Is Jurisprudence? Cleverness In This Article What Is ‘Jurisprudence’? Why Is Jurisprudence Important? The Main Legal Theories What Is ‘Jurisprudence’? Jurisprudence is the study or science of law. In the U.S. it commonly means the philosophy of law and aims to reveal the historical, moral, and cultural basis of law and […]
Legal Terms You Should Know
INTRODUCTION TO BUSINESS LAW Introduction To Legal Terms Cleverness In This Article Why Is Understanding Business Law Terms Important? Legal Vocabulary (legalese) A few Clever legal terms to get you started The Sides in a Case Why Is Understanding Business Law Terms Important? Lawyers use many specialized words and terms. Some words have a different […]
How To Answer Law Questions
INTRODUCTION TO BUSINESS LAW How To Answer Law Questions Cleverness In This Article Introduction To I.R.A.C I.R.A.C. In Detail Introduction To I.R.A.C. As you study business law you will need to complete some legal questions or case-studies. When you analyze a case or business question we recommend that you use the following Clever process: […]
Introduction To Legal Systems
INTRODUCTION TO BUSINESS LAW Introduction To Legal Systems Cleverness In This Article What Is The Purpose Of Law and Legal Systems? What Is A ‘Legal System’? What Are The Main Legal Systems? What Are The Most Common Legal Systems? Where Are The Main Systems Used? Religious and Secular Legal Systems Introduction To The Main Legal […]
The English Legal System – Business Law – Introduction
INTRODUCTION TO BUSINESS LAW The English Legal System Cleverness In This Article The English Legal System: The Legal System Who Is Who? The Court System Court Hierarchy Case Allocation – Tracks Judicial Review – Grounds. The Legal System England and Wales operates a common law legal system (See: Introduction To Legal Systems for more Cleverness […]
What Is Property – Business Law – Introduction
INTRODUCTION TO BUSINESS LAW Property Cleverness In This Article What is property? What is ownership What are property rights? Why are property rights important? What types of property are there? What Is Property? Property is not just something you can see, hold or touch. It may be a tangible (physical) item such as a car […]
Alternative Dispute Resolution – Business Law – Introduction
INTRODUCTION TO BUSINESS LAW Alternative Dispute Resolution Cleverness In This Article What Is Alternative Dispute Resolution? Why Is ADR Important? What are the different types of ADR? Mediation Arbitration Med Arb Mini trial Summary Jury Trial (SJT). What are the advantages of ADR? What are the disadvantages of ADR? What is Alternative Dispute Resolution (ADR)? […]
What Is A Crime? Criminal Law Introduction
Introduction To Criminal Law What Is A Crime? Clever Content What Is A Crime? What Are The Main Criminal Terms? The Criminal System (Introduction). What Is A Crime? According to the University Of London Law School a crime is: ‘…when the conduct in question has a sufficiently serious social impact to justify the state, rather […]
What Is A Tort – Business Law Introduction
Introduction To Tort Law What Is A Tort? Clever Content What is a tort? Legal Terms Grounds For Tort Action Compensation For Tort Action. What Is A Tort? A Tort is an act that has caused injury or harm to another person or property. The person who has suffered may seek compensation from the person […]
Intent Mens Rea / Actus Reus – Business Law Introduction
Introduction To Business Law Criminal Intent – Mens Rea – Actus Reus Clever Content What Is Intent? What Are The Main Elements Needed To Prove Intent? Mens rea Actus reus Malice aforethought Specific intent General intent. What Is Intent? Intent refers to the person’s mental state and motivation for carrying out a criminal act. It is the […]
7 Categories Of Intentional Tort – Business Law
The Seven Categories Of Intentional Tort Clever Content What Is A Tort? What Is An Intentional Tort? What Is Negligence? What Are The Seven Categories Of Intentional Tort? What Is A Tort? A ‘Tort’ is a private or civil wrong, which has been carried out against a person or their property. Tort law allows a […]
Shopkeepers Privilege Explained – Business Law
Clever Business Law Shopkeeper’s Privilege Clever Content Words you need to know What is shopkeepers privilege? Rules for detaining a suspected shoplifter Reasonable Grounds / Probable Cause explained. Words you need to know Probable Cause: Evidence which leads to a reasonable belief that a person has committed or will commit a crime. Confine / confinement: […]
Warranties – Sales of Goods
Warranties – Sales of Goods Clever Content What is a warranty? What are the two types of warranty? Express warranty Implied warranty The Magnuson-Moss Warranty Act. What is a warranty? A warranty is a type of guarantee that a manufacturer makes about the quality and condition of its product. It gives the details for repairs […]
Business Entities
What Are Business Entities?
BUSINESS LAW – Business Entities What Are Business Entities? Cleverness In This Article What Are Business Entities? Why is studying business entities important? What Are The Legal Forms of a Business? Legal Personality Veil of Incorporation. What Are Business Entities? Business entities are the different legally recognized forms of business organization. It refers to the […]
Choosing A Business Entity
BUSINESS LAW – Business Entities Choosing A Business Entity Cleverness In This Article Why Are Business Entities Important? The 4 main types of business organization Choosing a Business Entity Why Are Business Entities Important? It is important for business owners to understand the main differences between business organizations and which business organization is best for […]
Sole Proprietor – Business Entities
BUSINESS LAW – Business Entities Sole Proprietor Cleverness In This Article What Is A Sole Proprietor? Sole Proprietor – Advantages Sole Proprietor – Disadvantages What Is A Sole Proprietor? Sole Proprietor (Sole Trader) is the most common form of business structure. It is generally one person doing business for themselves on their own property. Business owners […]
Business Partnerships – Business Entities
BUSINESS LAW – Business Entities Business Partnerships Cleverness In This Article What Is A Business Partnership? General Partnerships Limited Partnerships Advantages of Partnerships Disadvantages Of Partnerships What Is A Business Partnership? A partnership is made up of two or more individuals who are in business together. Partnerships may be a small family operation, or a […]
Limited and Unlimited Liability – Business Entities
BUSINESS LAW Limited and Unlimited Liability Cleverness In This Article What Does ‘Liability’ Mean? Unlimited Liability Limited Liability What Does ‘Liability’ Mean? Liability means that someone is legally responsible for the debts or actions of the business. Unlimited Liability This usually refers to Sole Proprietors and Partnerships where the business owners are fully responsible (liable) […]
Limited Liability Company (LLC) – Business Entities
Limited Liability Company (LLC) This is similar to a limited partnership, and gives owners limited liability but has some of the capital income advantages of a partnership. There are no restrictions on the number of members and investors can share in the management of the business. The letters LLC must be included in the business […]
Business Corporations – Business Entities
BUSINESS LAW – Business Entities Business Corporations Cleverness In This Article Introduction To Business Corporations Publicly Held Corporations Closed corporations The two main types of a corporation Corporation – Advantages Corporation – Disadvantages Introduction To Business Corporations A corporation is a legal entity in its own right and is separate from the individuals working within […]
Contract Law
Contract Law – Introduction
Contract Law – Introduction What is a contract? Clever Content Contract Law Introduction What Is A Contract? Types Of Contract. The Main Elements Of A Legally Enforceable Contract? Contract Law Introduction Contracts cover all aspects of life. They are essential for commercial activities. They create a system of trust, enabling people to make agreements with […]
Contract Law – The Offer
Contract Law The Offer The Main Elements Of A Legally Enforceable Contract? The Offer Acceptance Intent Capacity Consent Consideration Legality Performance. See: Contract Law – Introduction for the following… Contract Law Introduction What Is A Contract? Types Of Contract. The Main Elements Of A Legally Enforceable Contract? Clever Content Terms you need to know What […]
Contract Law: Offers – Revocation, Rejection, Counter Offer.
Contract Law The Offer – Revocation, Rejection and Counter Offer. Clever links See the following Clever Articles for more information: Contract Law – ‘Introduction’ ‘The Offer’ for ‘The Main Elements Of A Legally Enforceable Contract’. Clever Content Legal terms you need to know Revoking an offer Lapse of time Rejection and counter offer. Legal terms […]
Capacity To Contract – Contract Law
Contract Law Capacity To Contract The Main Elements Of A Legally Enforceable Contract The Offer Acceptance Intent Capacity Consent Consideration Legality Performance. Clever Content What does ‘Capacity’ to contract mean? Who does not have the capacity to contract? Infants / Minors Mental Incapacity. See our Clever Video below: Capacity To Contract What does ‘Capacity’ to […]
Illegal Contracts – Clever Contract Law
Illegal Contracts – Contract Law Clever Content What is an illegal contract? Illegal Contracts – Enforcement What are contracts ‘contrary to public policy’? Illegal Contracts – Special Situations. What is an illegal contract? An “illegal contract” is a contract that is based on or relates to an illegal purpose that violates the law. The contract […]