Introduction The Securities and Exchange Commission (SEC) is a regulatory agency responsible for administering the U.S. laws regarding securities. The purpose of these laws is to ensure fair markets and to provide accurate information to investors. The major securities laws were enacted in the 1930s after the 1929 stock market crash and the anemic performance of the market in the early 1930s. The major laws issued were: Securities Act of 1933 Security Exchange Act of 1934 Public...
Child using an unusual online account Children are exploited whether or not it is known to them. It is vital that parents, guardians and teachers are educated and are aware of these warning signs so that they are able to identify if a child is victimized. Mandatory classes for parents, who have a child that enters preschool, must be taken to learn about online risks because prevention may not be completely trusted to law enforcements due to the many distinctive challenges the law...
In What Way May The Corporate Veil Be Pierced In Order To Expose Shareholders And Directors To Personal Liability For The Debts Of The Company? The issue of piercing the corporate veil describes a legal decisions to treat the rights or liabilities of its shareholders or directors against their personal rights and liabilities. Companies are legal entities which exist completely separate from their owners, called the shareholders or subscribers. Usually it is treated as a separate...
Introduction Commerce and trade has been a characteristic of all human societies from time immemorial. With the expansion of trade it was necessary to branch out and set up mercantile establishments in places far from the successful parent store. Furthermore, with the invention of the wheel and other improvements in the transportation system it became mutually profitable for different colonies and countries to exchange goods. With expansion and exports becoming so important for merchants there...
Question 1 The orthodox view is that, performance of an existing duty should not constitute consideration. DiscussLearning Outcomes:To show an understanding of what constitutes a consideration.To be able to identify the factors affecting the court’s decision in the findings of ‘consideration’ in relation to performance of an existing duty.Be able to give reasons for your approach. Question 2 What are the general principles in the formation of a contract? What are the various...
Introduction The lone rule which exists on the World Wide Web is that of caveat emptor, as a result of which people tend to rely more on the brand awareness and brand performance to engage into any kind of e-business. While trademarks are of great importance in this virtual world, they are also more vulnerable to infringement, dilution and anti-competitive practices. Domain names which were initially intended to perform a purely technical function in a user friendly manner on the web are now...
Does TRIPs facilitate or impede Climate Change Technology Transfer into Developing Countries? INTRODUCTION As part of the WTO Agreement package, TRIPS requires developing countries to enact strong intellectual property right protection in exchange for greater access to developed country markets. The philosophy underpinning the TRIPS Agreement is to strike a balance between the long-term social objective of providing incentives for future invention and creation, and the short-term objective of...
Generally, a form of consideration is a significance to concern before agree to join the contract. Although, a collateral contract is not the main contract, it also requires consideration due to it can be entering into the main contract. This essay believes that almost contract have to be considered by giving relevant case law to support the idea.Considerations refer to an imperative requirement that is agreed between two parties who connect in a part of business and it can relate to do any...
School violence appears to be a significant concern in today’s society. As people read their daily paper or listen to the news, the topic of school violence frequently appears in the headlines. Articles describing children committing major crimes, such as armed robbery, murder, and assault with a deadly weapon, are front page material. Incidents of school violence, such as a six year old who killed his classmate in Michigan or the massacre at Columbine, horrify and give the impression...
Q. How Could The Scots Law On Intoxication As A Defence Be Improved? Intoxication as a defence in Scots law has been much debated over the centuries. There are many arguments supporting and denying the existence of intoxication as a defence. It seems that institutional writers and courts a like agree that voluntary intoxication should not be a “defence” in Scots law however it hasn't always been so. This essay will take a look at the history of the plea of intoxication in Scots law...