
What is Consideration in Contract Law? Consideration Rules, Reciprocity, Restrictive Covenant
What is Consideration in Contract Law? Consideration in contract law is an essential part of making a legally enforceable contract. […]
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Essential Cleverness for all business owners, leaders, managers, entrepreneurs and business students. In this section, we cover the main topics included in a foundation degree Business Law Course by breaking down the complexities of business law and its legal terminology to give a basic understanding of legal systems.
What is Consideration in Contract Law? Consideration in contract law is an essential part of making a legally enforceable contract. […]
If your business allows visitors onto your premises it is important to know what you can, and cannot do if […]
There are many reported violations of human rights around the globe. These violations may be against civil and political rights, […]
Human rights are the rights we are born with, they are not given to us by governments or appointed officials. […]
It is crucial to understand the difference between ‘Unlimited and Limited Liability’ companies as this can have a significant impact […]
Definition A crime is an act that the state has identified as having a serious social impact. It is a […]
The Function Of Law The main function of law is to: Keep the peace Shape moral standards Promote social justice Aid […]
The rule of law provides the framework to ensure a balanced, fair and peaceful society by ensuring that justice is […]
Clever Video Series Forming A Legally Binding Contract Capacity To Contract Contract Law -The Offer Offer and Counter Offer Termination […]
What Is A Good Inflation Rate? To help maintain financial stability and future planning, the UK and U.S. Governments aim […]
Law and legal issues appear every day in the news, movies, sitcoms, and comedy shows. It is an important part […]
The Purpose Of Law The purpose of law enforcement is to maintain order within the community. The rule of law […]
How Fresh Is Fresh? According to the Daily Mail: ‘Fresh’ can be used to describe food that has been heat-treated, […]
What Is An Express Warranty? An express warranty is a clearly stated (Expressed) statement of fact or promise made by the […]
Goods Sold As Seen Implied warranties can be excluded by describing the product with language such as: – Sold as seen – Sold […]
Implied Warranty – Fitness for Purpose The Unified Commercial Code states Where the seller at the time of contracting has reason to […]
This is the most common type of implied warranty. It means that the seller promises that the product will do […]
What Is An Implied Warranty? Implied warranties are created by state law. They ensure that consumers always have some legal […]
A warranty is a type of guarantee that a manufacturer or similar party makes regarding the condition of its product. It refers to the terms […]
An offeree may reject an offer at any time. When they reject the offer, the offer is immediately ended. There […]
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Clever Video The Offer Legal Terms You Need To Know Offeror – The person or ‘party’ who makes the offer. […]
What is negligence? The legal definition of negligence is ‘The failure to give someone or something enough care or attention’ […]
When a merchant makes a promise about the quality, condition, or reliability of a product that is relied on when […]
Property is: ‘that which a person owns; the possession or possessions of a particular owner. www.dictionary.com. Tangible Property is: The […]
A warranty is a type of guarantee that a manufacturer makes about the quality and condition of its product. It […]
What are ‘goods’? According to the Sales of Goods Act (UK) ‘Goods’ are defined as movable property other than actionable […]
An “illegal contract” is a contract that is based on or relates to an illegal purpose that violates the law. The […]
Legal terms you need to know Unconsented: Not agreed to. Harm: Physical or mental damage or injury. Merriam-webster.com Offensive: Causing […]
What does ‘Capacity’ to contract mean? ‘Capacity to contract means a party has the legal ability to enter into a […]
Contract Law Introduction Contracts cover all aspects of life. They are essential for commercial activities. They create a system of […]
What Is A Tort? A ‘Tort’ is a private or civil wrong, which has been carried out against a […]
What Is Intent? Intent refers to the person’s mental state and motivation for carrying out a criminal act. It […]
What Is A Tort? A Tort is an act that has caused injury or harm to another person or […]
What is Alternative Dispute Resolution (ADR)? Alternative dispute resolution (ADR), is the process of resolving a dispute between parties. The […]
What Is Property? Property is not just something you can see, hold or touch. It may be a tangible (physical) […]
The English Legal System England and Wales operate a common law legal system (See: Introduction To Legal Systems for more […]
Introduction To I.R.A.C. As you study business law you will need to complete some legal questions or case-studies. When you […]
Why Is Understanding Legal Terms Important? Lawyers use many specialized words and terms, and some of these words have a […]
What Is Jurisprudence? Jurisprudence is the study or science of law. In the U.S. it commonly means the philosophy of law […]