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Home » business law

business law

Forming a contract

A Simple Step-By-Step Guide to Forming A Legally Binding Contract.

Understanding how to form legally binding contracts is a crucial skill for business people. Whether you’re entering into partnerships, securing […]

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Mens rea

Criminal Law – Mens Rea – What does it mean?

In law, “mens rea” is a Latin term that translates to “guilty mind” or “criminal intent.” It refers to the […]

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mirror image

Mirror Image Rule – Contract Law

The Mirror Image Rule is a fundamental principle in contract law that governs the acceptance of an offer. According to […]

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Shopkeepers privilege

Shopkeepers Privilege Explained – Business Law

In law, the shopkeeper’s privilege is a legal principle that grants certain rights and protections to store owners or employees […]

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Criminal Law

What Is A Crime? – A Simple Introduction To Criminal Law

Watch our Clever video here. Definition A crime is an act that the state has identified as having a serious […]

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legal systems

Legal Systems – What are they and how do they work?

The Function Of Law The main function of law is to: Keep the peace Shape moral standards Promote social justice Aid […]

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Business Law

The Rule Of Law – What Is It – Why Is It Important?

The rule of law provides the framework to ensure a balanced, fair and peaceful society by ensuring that justice is […]

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End contract

Contract Law – Offers, Revocation, Rejection, Counter Offer

See Our Clever Video Series  Forming A Legally Binding Contract Capacity To Contract Contract Law -The Offer Offer and Counter […]

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Law Enforcement, Purpose – Officers Duties and Conduct

The Purpose Of Law The purpose of law enforcement is to maintain order within the community. The rule of law […]

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Express Warranties

Express Warranty – Making a Claim

What Is An Express Warranty? An express warranty is a clearly stated (Expressed) statement of fact or promise made by the […]

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sold as seen

Warranties 05 Goods Sold As Seen

 Goods Sold As Seen Implied warranties can be excluded by describing the product with language such as: – Sold as seen – Sold […]

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Fitness For Purpose

Implied Warranty – Fitness For Purpose 04

Implied Warranty – Fitness for Purpose The Unified Commercial Code states Where the seller at the time of contracting has reason to […]

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What Is A Warranty

What Is A Warranty?

A warranty is a type of guarantee that a manufacturer or similar party makes regarding the condition of its product. […]

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Offer and Counter Offer

Contract Law – Offer And Counter Offer

 An offeree may reject an offer at any time. When they reject the offer, the offer is immediately ended. There […]

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Termination of offer

Contract Law – Termination Of Offer

Share your Cleverness Be part of the Clever Community add to these articles or share your unique Cleverness with the […]

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Contract offer

Forming A Legally Binding – Contract Law

Legal Terms You Need To Know Offeror – The person or ‘party’ who makes the offer. Offeree – The person […]

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illegal contracts

What Is An Illegal Contract? – Contract Law

An “illegal contract” is a contract that is based on or relates to an illegal purpose that violates the law. The […]

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capacity to contract

Capacity To Contract – Contract Law

What does ‘Capacity’ to contract mean? ‘Capacity to contract means a party has the legal ability to enter into a […]

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contract

Contract Law – Introduction

Contract Law Introduction Contracts cover all aspects of life. They are essential for commercial activities. They create a system of […]

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Trespass

7 Categories Of Intentional Tort – Business Law

What Is A Tort? A ‘Tort’ is a private or civil wrong, which has been carried out against a person […]

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Alternative Dispute Resolution

Alternative Dispute Resolution – Business Law – Introduction

What is Alternative Dispute Resolution (ADR)? Alternative dispute resolution (ADR), is the process of resolving a dispute between parties. The […]

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surveillance

How To Answer Law Questions

Introduction To I.R.A.C. As you study business law you will need to complete some legal questions or case-studies. When you […]

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Legal Terms

Legal Terms You Need To Know

Why Is Understanding Legal Terms Important? Lawyers use many specialized words and terms, and some of these words have a […]

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Jurisprudence

What Is Jurisprudence?

What Is Jurisprudence?  Jurisprudence is the study or science of law. In the U.S. it commonly means the philosophy of law […]

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Partnership

Business Partnerships – Business Entities

What Is a Business Partnership? A business partnership is when two or more individuals come together to run a business. […]

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