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Detailed Notes on Whole Course of BLAW10001 Business Law
BLAW10001 - Business Law
1 Found helpful • 30 Pages • Complete Study Notes • Year: Pre-2021
the nature & function of law (w1) the anatomy of law law: rules of conduct or organisation recognised, applied & enforced by power of state areas of law: ‘category’ of rules of law that are related in some way jurisprudence: science/philosophy of law (nature, origins & purpose of law) international law: concerned w treaties, conventions & pacts b/w sovereign states national law public law: constitutional law, administrative law, criminal law private law: civil law, tort law, contract law, agency, consumer protection law, corporations law, property law, business law concepts: broad ideas which determine nature & scope of an area of law provide coherent framework & sequence of ideas e.g. contract → contract formation (consensus [offer, acceptance], intention, consideration), contract obligations principles: fundamental & non-negotiable components of concepts separate concepts & indicate their nature, scope & content e.g. contracts are created only when parties intend to be legally bound rules: detailed mechanisms that give effect to principles delimit & qualify principles; cater for specific situations under particular principle can be changed w/o destroying underlying principle meaning: sense in which concepts, principles, rules & words are to be understood may be assisted by definition, interpretation & context authorities: sources of legal principles, rules/ meanings (e.g. court; act of parliament)
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