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Business law consists of many different areas of law, including: contracts, the law of corporations and other business organizations, securities law, intellectual property, antitrust, secured transactions, commercial paper, income tax, pensions and benefits, trusts and estates, immigration law, labor law, employment law, and bankruptcy. It is a ...
The following outline is provided as an overview of and topical guide to commercial law: Commercial law – body of law that governs business and commercial transactions. It is often considered to be a branch of civil law and deals with issues of both private law and public law. It is also called business law.
Crane's law: there is no such thing as a free lunch. [ 2 ] Cromwell's rule states that the use of prior probabilities of 0 ("the event will definitely not occur") or 1 ("the event will definitely occur") should be avoided, except when applied to statements that are logically true or false, such as 2+2 equaling 4 or 5.
Quiz bowl is most commonly played in a toss-up/bonus format, which consists of a series of two different types of questions. Other formats, particularly in local competitions, may deviate from the above rules, with additions like lightning rounds or category choice. [3]
Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations .
The law of the country, state, or locality where the matter under litigation took place. Usually used in contract law, to determine which laws govern the contract. / ˈ l ɛ k s ˈ l oʊ s aɪ / lex scripta: written law Law that specifically codifies something, as opposed to common law or customary law. liberum veto: free veto
Know your customer places a costly burden on businesses operating in the financial industry, especially smaller financial companies, where compliance costs are disproportionately heavy. [21] Customers may feel the information requested to be intrusive and burdensome, and may choose not to enter the business relationship as a result.
Agency law in the United Kingdom is a component of UK commercial law, and forms a core set of rules necessary for the smooth functioning of business. Agency law is primarily governed by the Common law and to a lesser extent by statutory instruments. In 1986, the European Communities enacted Directive 86/653/EEC on self-employed commercial agents.