Uniform commercial code the laws which govern commercial transactions that take place in the marketplace involving goods and. Law of evidence ii this is the second part of the law of evidence. Follow the procedure outlined below to apply for noun. The uniform commercial code, which has been adopted in some form in nearly every state, governs numerous areas of commercial law. Download commercial law acc 307 past questions, national. Apart from roman dutch law, certain areas of contracts are governed by statute law and also by english law. Commercial law legal definition merriamwebster law. Question 1 is compulsory and carries 30 marks while the other 2 questions carry 20 marks each. A broad concept that describes the substantive law that governs transactions between business entities, with the exception of maritime transportation of goods regulated by admiralty and maritime law. Legal rules that 1 determine the rights and duties of parties engaged in trade and commerce, 2 govern disputes arising out of ordinary transactions of buyers and sellers, and 3 settle issues concerned with affreightment, banking, insurance etc. National open university of nigeria noun course materials.
It was drafted by a nongovernmental body to provide a standardized set of statutes dealing. Commercial, financial purposes other than educational the ecourseware is a repository of available digital course material of the national open university that will help you in your course of studies. Private lawwhich can be divided into categories such as torts, contracts, business entities, business relationships, and property rightsforms the substance of. Ugbejeh ernest ogwashi national open university of nigeria, victoria island, lagos. Sokefun dean school of law, noun national open university of nigeria 2 law 234 the law of contract ii national open university. Commercial law open access articles digital commons. Present all your points in coherent and orderly manner. Commercial law meaning in the cambridge english dictionary. Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. Commercial law includes all aspects of business, including advertising and marketing, collections and bankruptcy, banking, contracts, negotiable instruments, secured transactions.
Shortly after the national assembly passed into law, the evidence act 2011. As we gather more data, we will continue to evaluate and improve the tool. Apply commercial law concepts to authentic and relevant scenarios and problems. Omotayo abisoye as head of department, public law, faculty location. There are numerous laws at the state and federal level governing commercial law practices. This course is a compulsory course in national open university of nigeria that you must offer in the law programme. Information and translations of commercial law in the most comprehensive dictionary definitions resource on the web.
Llb bachelor of legislative law course is the most common undergraduate course of legal law education offered by many law colleges and universities in india. The recommendations in this guide will support agencies in implementing the cseit 2. Commercial law or mercantile law, also known as trade law, is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. We, khalifa bin zayed al nahyan, president of the united arab emirates, pursuant to the perusal of the constitution. You may find the table of contents to be a quick and useful overview of the law to be applied. Websters dictionary 1828 websters dictionary 1828 law. Law of commercial transaction ii national open university of nigeria. Commercial law law merchant, the system of rules by which trade and commercial intercourse are regulated between merchants. Noun school of law study materials and courseware using this medium, i would love to inform all students of the national open university of nigeria noun who are planning to study law, that they can now enhance their knowledge and study the noun law materials using the courseware which is freely uploaded by the management. The national open university of nigeria noun is now selling admission forms into its certificate, diploma, undergraduates and postgraduate programmes for the 20202021 academic session. The medieval law merchant chapter 2 the modern law merchant chapter 3 the international law merchant chapter 4 international oil contracts chapter 5 common law courts chapter 6 judicial construction chapter 7 reflections appendices a.
Commercial activities conducted outside the territory of the socialist republic of vietnam in cases where the involved parties agree to this law for application, or where a foreign law or a treaty to which. This first semester of law of commercial transaction course material deals basically with the sale of. Nov 04, 2019 commercial plural commercials an advertisement in a common media format, usually radio or television. Noun law faculty past questions pdf download pul, css. You dealt with law 445, law of evidence i in the last session. This is the british english pronunciation of commercial. Cambridge university press more information 6 commercial law.
The ecourseware is part of noun contributions towards open educational resource oer initiative and as. Noun is said to be the first of its kind in all of west africa, with the highest population of students. However, with the advent of colonialism, and improvement in commercial activities, influx. The uniform commercial code ucc because commercial law is primarily found in state statutes, there is a potential for states to enact conflicting rules, thereby disrupting the flow of interstate commerce. That material was based on the law of evidence act, 2004. Chesnutt, the house behind the cedars, chapter i, a two minutes walk brought warwickthe name he had registered under, and as we shall call himto the market.
Commercial paper definition and meaning collins english. Private and property law the faculty of law is one of the eight 8 faculties in the national open university. This is the official national open university noun ecourseware school of law nou. A company thus has legal rights and obligations in the same way that a natural person does. Established in february 2007, the faculty took off officially in july 2007 with the appointment of dr. If you break breach the contract, the other party has. The national open university of nigeria noun was established in 1983 and resuscitated in 2002 as a federal open and distance learning odl institution. Commercial relating to or connected with trade and traffic or commerce in general. Law 332 law of commercial transactions 2 course developerwriter mr.
It is often considered to be a branch of civil law and deals with issues of both private law and public law commercial law includes within its compass such titles as principal and agent. Article 1 general provisions article 2 sales article 2a leases. Commercial law definition and meaning collins english. Principles of business law contents study unit title page syllabus i 1 nature and sources of law 1 nature of law 3 historical origins 6 sources of law 9 the european community and uk law. Commercial farming definition in the cambridge english. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. Definition and forms of contracts the law of contract is concerned about the legal enforceability of promises. View homework help law 331 from law 331 at national open university of nigeria. Definition and synonyms of commercial law from the online english dictionary from macmillan education. Welcome to the national open university of nigerias ecourseware warning. Apr 27, 2020 lynch law definition is the punishment of presumed crimes or offenses usually by death without due process of law. As stated earlier, the general law governing the contracts in sri lanka is the roman dutch law which is the countrys common law.
The nationa1izationw of the law merchant in english law c. They will also be able to describe the legal consequences of incorporating a. Dec 18, 2019 do you want to download noun course past question for commercial law. Noun law faculty past questions pdf download pul, css, cll. He practices commercial and securities litigation at a large downtown law firm in toronto. While congress creates authority, the president enforces that authority, and courts confine or discipline the exercise of that authority, it is agencies that govern. Commercial meaning in the cambridge english dictionary. Do you want to download noun course past question for commercial law. A hill, typically one that is round or conical in shape. Commercial activities conducted in the territory of the socialist republic of vietnam. National open university of nigeria 1416 ahmadu bello way, victoria island lagos school of management sciences octobernovember 2014 examination course code.
Where the property in goods has passed to the buyer 6. Commercial law includes all aspects of business, including advertising and marketing, collections and bankruptcy, banking. Companies and partnerships compared a a company can be created only by certain prescribed methods most. The ecourseware is part of noun contributions towards open educational resource oer initiative and as such should. A well recognized exception to this general rule is the concept of agency. This notion of enforceability is central to contract law. By allowing enforcement of noncontractual rights by third parties trusts 3rd year semester 2 core subject equity and trusts commercial law law of property 3rd year semester 1 core subject property law breach of contract occurs when a party fails to perform the contract as agreed. Times, sunday times 2011 people use arbitration to resolve their disputes. Advanced business law and the legal environment is an uptodate textbook with coverage of legal and regulatory issues that are more technical than the topics in the authors foundations of business law and the legal environment. A contract is an agreement between two or more parties which will be enforced by law. This course is offered in the first semester of third year of your study and it is a 4 credit unit course. Sokefun national open university of nigeria victoria island, lagos. Commercial law regulates corporate contracts, hiring practice, and the manufacture and sales of consumer goods.
Commercial definition, of, relating to, or characteristic of commerce. Private law consists of the rules governing relations between private individuals or groups of persons. It is regarded as the largest institution with campuses spread across nigeria. Sep 16, 2015 this is the official national open university noun ecourseware school of law nou. Noun admission application form 20202021 diploma, degree. Lynch law definition of lynch law by merriamwebster. Welcome to the national open university of nigerias ecourseware. Despite statutory inroads, party autonomy was at the heart of english commercial law. The commercial law cram notes are formatted into a stepbystep guide, which you can use as a checklist in your exams to ensure that every element of the exam question is answered. Marine laws, rules for the regulation of navigation, and the commercial intercourse of nations.
Uniform commercial credit code some states have adopted the uccc to govern and regulate consumer credit. This course specifically seeks to develop students abilities in oral and. An overview 2 common law, equity and statute law 23 custom 25 case law 26 nature of equity 32 application of principles of equity 34. In that context, a contract may be described as an agreement that the law the courts will enforce. Ugbejeh ernest ogwashi national open university of. We revised the cseit based on the results of the validation, and are implementing the cseit 2.
You can check the noun law school post graduates courses which are available here. A company is a corporation an artificial person created by law. Choose from 500 different sets of business law exam 2 flashcards on quizlet. Overview administrative law is the study of governance. Commercial definition of commercial by the free dictionary. Commercial definition and meaning collins english dictionary. Screening to identify commercially sexually exploited children. Commercial law definition of commercial law by the free. Law 331 law of commercial transactions 1 course developerwriter mr. When one of these events falls concurrently within the purview of two or more of these commercial law branches such as corporate law, intellectual property law. Creation and termination of agency it is a general principle of contract law that only the parties to the contract acquire rights and liabilities under it. National open university noun ecourseware school of law. Mar 30, 2020 the body of binding rules and regulations, customs, and standards established in a community by its legislative and judicial authorities. Learn business law exam 2 with free interactive flashcards.
The chapters are organized in a logical manner which makes it easy to follow and the learning points at the. Commercial means involving or relating to the buying and selling of goods. An advertisement in a common media format, usually radio or television. Commercial activities must comply with the commercial law and relevant laws. This page is created, so as to help get all noun students informed, who would love to freely download the noun course materials for study were happy to inform all students of the national open university of nigeria, that the noun course materials downloads is now free and you can download or see your particular course and download the materials here. Commercial, financial purposes other than educational. Faculty of law national open university of nigeria. Commercial definition of commercial by merriamwebster. Law definition, the principles and regulations established in a community by some authority and applicable to its people, whether in the form of legislation or of custom and policies recognized and enforced by judicial decision. National open university noun ecourseware school of law nou.
Commercial law description the full technique overview is available for free. Communication skills the continuing development of good interpersonal skills and communication skills is widely regarded as important for all graduates. The ecourseware is a repository of available digital course material of the national open university that will help you in your course of studies. Welcome to the faculty of law, national open university of nigeria. Commercial law 2 read the text below and decide whether these statements are true t or false f. Commercial law is the body of law that governs the way business firms enter into contracts with each other, execute contracts and remedy problems that arise in the process monczka et al. That said, the starting point for many administrative law.
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