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CLAW1001: Foundations of Business Law Complete Notes

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Commercial Law notes concerning content from weeks 1-13 and incorporated case studies are included.

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78 Pages Complete Study Notes < 1 Year old
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Topics this document covers:
Law Contract law Offer and acceptance Posting rule Precedent Contract Revocation Common law Supreme court High Court Federal judiciary of the United States Equity
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Law Contract law Offer and acceptance Posting rule Precedent Contract Revocation Common law Supreme court High Court Federal judiciary of the United States Equity
Sample Text:
Authorities such as courts enforce laws. The Common Law Legal System Since Australia was a former colony of England, it adopted the English common law system. The three laws in this system are: • Statute Law: Law made in parliament (federal or sate). It can be changed by parliament. They are also known as legislation, Acts of Parliament or enacted law. • Common Law: Laws that are made in courts by judges. These can be changed by parliament or future court cases. It is also known as case law, precedent or unenacted law. • Equity: These are the legal rules and principles developed by the Courts of Equity in England. Equity only applies to civil law and it provides for remedies that go bey...
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