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Business Law - Free Essay Examples and Topic Ideas

Business law is the branch of law that deals with the legal aspects of businesses and commercial transactions. It governs the creation and operation of various business entities such as corporations, partnerships, and sole proprietorships, and regulates various aspects of business transactions such as contracts, intellectual property, employment law, and taxation. It also includes legal issues related to commercial litigation, bankruptcy, and securities regulations. The aim of business law is to ensure that all business activities are conducted in a lawful and ethical manner, and to provide a framework for resolving disputes between businesses and individuals.

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  1. 1
    National Management
    Words • 558
    Pages • 3

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    Embezzlements tend to occur in many organizations due to many reasons that are beyond the control of the organization. Many organizations use forward-looking statements to estimate the present anticipations and projections of their organization. Since the forward-looking statements are subjected to risks and uncertainties, organization can experience embezzlement making the actual figures to differ with the expressed figures that are in the statements (USSEC, 2008, p. 1). In 10th of March 2006, a protest was filed by North McDonough Properties,…
    Business LawFinanceManagementWorld Wide Web
  2. 2
    The Doctine of Ultra Vires in Irish Company Law
    Words • 1761
    Pages • 7

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    Paper Type:1800 Word Essay Examples
    Irish Company law as it currently stands is comprised of 35 pieces of legislation, in addition to a wealth of case law based on common law and equitable principles. This current system of company law is unmanageable and of little practical use to the average Irish company. Although the sheer volume of law poses a major problem in itself, its somewhat haphazard layout causes most difficulty to business owners and managers. When a change or update is made to the…
    BusinessBusiness LawCompanyContractJusticeLaw
  3. 3
    Spot deferred contracts
    Words • 551
    Pages • 3

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    Introduction This is like a forward contract with rollover option (find detailed description in chapter. By following this strategy ABX was able to profit from increases in the price of gold and at the same time set a minimum price of gold to protect them if the gold price would fall. Figure 8 depicts roughly the contango for varying rollover dates. Principal characteristics of spot deferred contracts Spot deferred contract Spot deferred contract (SDC) is a forward contract with multiple…
    Business LawContractFinanceGoldPrice
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  4. 4
    The 1998 UNIDROIT Convention
    Words • 1496
    Pages • 6

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    Paper Type:1500 Word Essay Examples
    Introduction Receivables financing is a means by which a debt is placed on the market and sole to improve liquidity. Essentially this mechanism is an assignment of debt and is a significant part of capitalists’ management systems. In fact in a vast majority of developed nations a substantial amount of company assets are primarily comprised of receivables. Receivables financing function to permit the release of funds without having to wait for the maturity of the debts with the result that…
    Business LawContractFinanceIndustryJusticeManagement
  5. 5
    Product Liability
    Words • 870
    Pages • 4

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    Paper Type:800 Word Essay Examples
    Introduction In an ever more litigious society, it is not unusual for cases involving product liability to considerably increase throughout the past two decades. In today’s world, product liability is an exceptionally bona fide business risk. Companies, even those with excellent product safety procedures and policies, cannot afford to seriously disregard the possibility of product liability. Product liability is all-encompassing, putting numerous diverse types of businesses at risk. Product liability holds distributors, manufacturers, retailers, suppliers, and others who make products…
    Business LawJusticeProduct Liability
  6. 6
    International Transactions
    Words • 651
    Pages • 3

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    A contract is an agreement between parties that the law will enforce.  Under common law, a contract is said to exist when there is an offer, subsequent acceptance of that offer and enough consideration.  An offer lets the person or firm to whom it is made to prudently expect that the offering party is willing to be bound by the offer under the proposed terms.  The terms of the offer must be clear and certain. Acceptance on the other hand…
    BusinessBusiness LawContractGovernmentJusticeLaw
  7. 7
    Dispute Resolution Essay
    Words • 91
    Pages • 1

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    Paper Type:1200 Word Essay Examples
    The case study refers to two business partners, Tom and Sue who deal in the purchase and renovation of homes and apartment buildings. The bone of contention between them is a piece of land that Sue was interested in buying but about which Tom was apprehensive. Tom agreed to buy the property after a delay of some days but unknown to him, Sue had purchased the property in her own name and is now refusing to transfer it in the…
    Business LawContractDispute ResolutionJusticeMediation
  8. 8
    Company Incorporation
    Words • 464
    Pages • 2

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    Paper Type:450 Word Essay Examples
    Examining the advantages and disadvantages of incorporating a business.The Advantages and Disadvantages of Incorporating a Business In order to mention all the advantages and disadvantages of incorporating a business, first I should try to explain what a corporation is. In 1819, Chief Justice Marshall of the United States Supreme court said: " A corporation is an artificial being, invisible, intangible, and existing only in contemplation of the law." In the Webster's College Dictionary corporation is defined as "an association of…
    BusinessBusiness LawCompanyCorporation
  9. 9
    Comparison of Common Law and UCC Laws in the U.S.
    Words • 593
    Pages • 3

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    Paper Type:400 Word Essay Examples
    The legal landscape in the United States encompasses both common law and Uniform Commercial Code (UCC) laws, each serving distinct purposes. While common law exhibits variability among states, the UCC was established to bring uniformity to specific laws across all U.S. states. This essay explores the nuances of common law and UCC, highlighting their applications, differences, and significance in the legal framework.Common Law and Its Varied ApplicationCommon law, a system rooted in precedent and judicial decisions, exhibits variability among different…
    Business LawContractLaw
  10. 10
    Challenges of Franchising and Licencing in International Business
    Words • 1140
    Pages • 5

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    Paper Type:1200 Word Essay Examples
    1. Introduction In this report, we will present the challenges of franchising and licensing in international business. We will start by defining franchising and licensing and explaining few essential issues related to them. After that, we will go into the different challenges and issues that companies will face with different solutions. 2. The Definition of Franchising and Licencing Licencing and franchising are actually different variants of the same course of action. This course of action could be generally named as…
    Business LawFranchisingInternational Business
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  11. 11
    Longe Industries vs Archco and JNRP Companies
    Words • 4072
    Pages • 15

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    Paper Type:4000 Word Essay ExamplesCompare And Contrast EssaySimilarities and Differences Essay
    Longe Industries has been in the business of manufacturing trailing axles for dump trucks. They had pioneered their way into the 'trailing axles for dump truck' segment of the market by developing and marketing a series of models that had evolved in design features. Archco manufactures dump beds for dump trucks. Archco entered into a dealership agreement with Longe Industries on April 6, 1992. They also signed a non-compete agreement that included a non-disclosure of information provision. JRNP assists other…
    Business LawCompanyContractIndustryJustice
  12. 12
    University of Canberra selects leading computer manufacturer for upgrade tender.
    Words • 2160
    Pages • 8

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    Whilst upgrading its computer centre, the University of Canberra invited tenders from all the leading computer manufacturers. From these it selected Peerless Computers, as it employed several former UC staff and offered greater price reductions, in comparison to the major firms. A contract was entered into between them, which stipulated that the delivery was to be made a week before the commencement of the next semester. It was communicated to Peerless that these computers were indispensable for the timetable regarding…
    BusinessBusiness LawContractGovernmentJustice
  13. 13
    Bank regulations
    Words • 3216
    Pages • 12

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    Paper Type:3000 Word Essay Examples
    Abstract. Letters of credit have gained popularity, with emergence of globalization.  These are financial instruments, unique in nature that are commonly used in international trade.  Letters of credit are the most convenient way of undertaking transactions over long distances, since the buyers and sellers do not trust each other.  This paper aims at analyzing the bank regulations that pertain to banks issuing letters of credit, and their effects on bank risk and fees charged to customers. Introduction. Letters of credit…
    BankBusinessBusiness LawFinance
  14. 14
    Understanding Auto Insurance: Coverage, Types, and Importance
    Words • 859
    Pages • 4

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    Paper Type:800 Word Essay Examples
    Automobile Insurance             Insurance is a contract between two parties, an insurance company and an individual or business.  An insurance company promises to pay the individual or business for potential future losses.  The individual or business promises to pay the insurance company a fee in advance called a premium.             People and businesses purchase insurance policies to protect their property and finances.  There are three major categories of insurance.  Life and health insurance covers death, hospitalization, disability, and hospitalization. Errors…
    Business LawInsurance
  15. 15
    Acts and Law of Trade Marks
    Words • 2735
    Pages • 10

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    Paper Type:3000 Word Essay Examples
    A trade mark can be defined as a sign, symbol, mark, indication used in relation to goods, services in the course of trade distinguishing the goods of one enterprise . Section 2 of the Trade Marks Act also defines a 'mark" and "trade mark." In Kellogg Co vs Cairns Foods Ltd the court stated that for a mark to be a trade mark, it must be used, in relation to goods or services for two purposes: to indicate a trade…
    Business LawLaw
  16. 16
    Jubilee Insurance Uganda Limited
    Words • 1310
    Pages • 5

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    Paper Type:1200 Word Essay Examples
    Jubilee Insurance Uganda Limited is the biggest insurance company in East africa. Established in 1937 and is one of the oldest composite insurance companies in the East african region. The Insurance company safeguards the interests of businesses, individuals, and families and also providing the best protection solutions tailored to meet the needs of clients. Jubilee Insurance is a market leader in the insurance sector with a solid emphasis on information technology and relationship management amount others. With Jubilee Insurance's track…
    Business LawFinanceInsurance
  17. 17
    Cheating by Liaw Tick Kwan
    Words • 967
    Pages • 4

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    Paper Type:900 Word Essay Examples
    Brief facts of the case A former bank relationship manager, Liaw Tick Kwan, was sentenced to jail in 2019 for 3.8 years after cheating more than $200,000 from two elderly clients. He made unauthorized transfers and lied about profitable investments to Mr Chin and Mdm Chou. Liaw committed these infractions between 2013 and 2015 during his time as a relationship manager at DBS and when he held a corresponding role at Standard Chartered bank. Liaw assisted Mr Chin in opening…
    Business LawCheatingContractDeceptionJustice
  18. 18
    Business laws and business ethics
    Words • 930
    Pages • 4

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    Paper Type:900 Word Essay Examples
    When one is establishing a business, it is important to understand the business law. Through the knowledge of business laws, is able to run the business without hindrances that may result from ignorance. Law brings numerous benefits in the business environment. For instance, law aids one to understand how different kinds of business entities are run (Latimer, 2012). Law helps one in understanding how each of the business operates, its structures as well as its legal requirements. Legal personnel also…
    Business EthicsBusiness Law
  19. 19
    Breach of Contract: Legal Remedies and Implications
    Words • 971
    Pages • 4

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    Paper Type:900 Word Essay Examples
    The case presented here falls under the doctrine of Contract Act, 1872 and especially under the provisions regarding breach and remedies for breach of a contract. When the rights and responsibilities arising out of a contract are extinguished, the contract is said to be dissolved or terminated. A contract may be dissolved in any of the following ways: 1. By Agreement: A contract can be terminated by an agreement between the same parties who entered into the contract with mutual…
    BusinessBusiness Law
  20. 20
    Business Law, the Laws Applied in This Case Study
    Words • 1572
    Pages • 6

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    Paper Type:1500 Word Essay Examples
    Introduction Funster had suffered three forms of losses in this factual matrix, namely the broken ribs, the damaged iPhone and the torn T-shirt. Prima facie, Magic Studios is liable for the negligent damage caused to Funster. Therefore, whether Magic Studios should bear liability for the damage hinges upon whether they can successfully rely upon the exclusion clause set out in the ticket. The approach taken by the courts on determining the applicability of the exclusion clause is neatly set out…
    BusinessBusiness LawCase Study
  21. 21
    Aspects of contract and business law
    Words • 2665
    Pages • 10

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    Paper Type:2500 Word Essay Examples
    Identify the legal criteria for offer and acceptance in a valid contract A contract is defined as a legally binding agreement and are very important in business. This is because: * it is risky to enter into a business arrangement without some form of contract * this is because, in the event of something not going as planned, a business contract is your safety net * without a business contract that stipulates the procedures, policies and expectations of the concerned…
    BusinessBusiness Law
  22. 22
    Analysis of Legal Issues According to Business Law
    Words • 2450
    Pages • 9

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    Paper Type:2500 Word Essay Examples
    Question 1(a) The legal issue and problem in this question is whether Micky has a contract with Ureach Mobile Co. Section 11 of Contracts Act 1950 provides who are competent to contract, that is those who are of the age of majority according to the law to which she is subject, have sound mind, and not disqualified from contracting by any law to which he is subject (KrishnanL, RajooL, & VergisA. C,2009). On the other hand, the Age of Majority…
    BusinessBusiness Law
  23. 23
    Business law case study
    Words • 1665
    Pages • 7

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    Paper Type:1600 Word Essay Examples
    This essay will discuss the Case study by firstly identifying four elements of contract, then justifying duties of Mr. Martin with applying the principles of pre-existing contractual duties. Finally a discussion about part payment of debt and promissory estoppel will be explained. Likewise, this essay will evaluate the knowledge of common law and agency relationship. QUESTION 1 a) Four essential elements of a contract should be Offer, Acceptance, Intention to create legal relations and Consideration. Firstly, offer, according to Adams(2012),…
    BusinessBusiness LawCase Study
  24. 24
    Business Law Assignment
    Words • 400
    Pages • 2

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    Paper Type:400 Word Essay Examples
    The main point for consideration in this situation is whether the initial agreement between Packard and Hewlett constitutes as a contract that has a legal relationship, and if so, is Hewlett within his rights to void the established contract and sell the laptop to the offeror with a higher price. The General Principle of Law here would imply here that Hewlett and Packard, are in a contract due to consensus ad idem, in that a meeting of minds must be…
    BusinessBusiness Law
  25. 25
    Essay on A Case in a Business Law Sphere
    Words • 474
    Pages • 2

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    Paper Type:450 Word Essay Examples
    Signal Sets Company contracts to deliver one hundred 52-inch plasma high-definition television sets to a new retail customer, Tuner TV Store, on May 1, with payment to be made on delivery. Signal tenders delivery in its own truck. Tuner's manager notices that some of the cartons have scrape marks. Tuner's owner phones Signal's office and asks whether the sets might have been damaged as they were being loaded. Signal assures Tuner that the sets are in perfect condition. Tuner tenders…
    BusinessBusiness LawTruck
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