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ACTG 2P40 (53)

Class Notes for ACTG 2P40 at Brock University (page 3)

Commercial Law

Exam Study Guides for ACTG 2P40

Covers all exam topics.

ACTG 2P40 Lecture Notes - Sole Proprietorship, Share Capital, Legal Personality

Business Organization (Chap 24-25) 1. Know three kinds and liability for each 2. Know partnership defn. And types of partnerships 3. Partners fiduciary duties 4. Corporation a. Differences ...

Accounting
ACTG 2P40
P.Maloney
ACTG 2P40 Lecture Notes - Condition Subsequent, Condition Precedent

Chapter 12 - Textbook The Discharge of Contracts Definition: ‘to cancel the obligations of a contract; make an agreement/contract null and inoperative. Four ways a contract can be discharged 1. Performance ...

Accounting
ACTG 2P40
P.Maloney
ACTG 2P40 Lecture Notes - Patent Attorney, Registered Agent, Software

Chapter 20 Intellectual Property Four Types 1) Trademarks Identifiable mark used by a person for the purpose of distinguishing their goods or services from those of others can also be a distinguishing mark – (business na...

Accounting
ACTG 2P40
P.Maloney
ACTG 2P40 Lecture Notes - Down Payment, Implied Warranty

Chapter 14 Sale of Goods 1. Application of the sale of goods act a. Meaning of ‘goods’: tangible items, not including land, money or chose in action. Must distinguish goods from service. ...

Accounting
ACTG 2P40
P.Maloney
ACTG 2P40 Lecture Notes - Embezzlement, Wrongful Dismissal, Independent Contractor

Chapter 18 The Contract of Employment Difference between Independent Contractor and an Employee Employee  A employer and employee relationship is established by a contract that gives on...

Accounting
ACTG 2P40
P.Maloney
ACTG 2P40 Lecture Notes - Bona Fide Purchaser, Precontract, Expectation Damages

Chapter 13 - Breach of Contract Fundamental Breach – a breach that is so significant that it deprives the innocent party of most (if not all) of the benefit of the contract 1. Implication of Breach a. Bre...

Accounting
ACTG 2P40
P.Maloney
ACTG 2P40 Lecture Notes - The Seller, Quasi-Contract, Bona Fide Purchaser

Chapter 8 – Textbook Even if we realize afterwards that a contract was not a good idea, we can not legally justify avoiding the obligations. Equitable relief – a discretionary remedy first developed by courts of equity ...

Accounting
ACTG 2P40
P.Maloney
Day 6*.docx

Impeaching Contracts Misrepresentation Undue Influence and Duress 1 Representations vs Terms in a Contract a Term Obligations which govern the contractual relationshipPrice colours etc b Representation statements of fact o...

Accounting
ACTG 2P40
Books
day 5*.docx

Impeaching Contracts Mistake and Discharge Chapters 813Mistake 1 Mistakes as to Terms a Words used InadvertentlyDoesnt matter much When one party inadvertently used the wrong wordsRectification correct the contract and all...

Accounting
ACTG 2P40
Books
day 4*

Last day continued 8 Promissory Estoppel KNOW THIS Requirements 1 must be an existing relationship 2 must show a promise has been made 3 must show reliance and detriment change of position most important 4 Clean hands 5 Sh...

Accounting
ACTG 2P40
Books
day 3*.docx

Contracts 1 The Importance of Contracts2 Elements of a contract a A definite offerDefinitionsOffer indication of one party that heshe is willing to enter into a binding arrangement with the other party and will be bound to...

Accounting
ACTG 2P40
Books
day 2*.docx

Rooms for Midterm Thistle 242247TORT LAW 1 Writ System 2 Two kinds of tortsIntentional torts the 6 things you can sue forAssault and Battery separate torts but often happen togetherAssault Threat of contactBattery Actual c...

Accounting
ACTG 2P40
Books
day 1*.docx

Sources of Law in Canada Three Sources of Law in Canada 1 The Constitution 2 Legislation 3 The Common Law The Constitution a the Constitutionsource of power ability to make law also a limit on power b the Canadian charter ...

Accounting
ACTG 2P40
Books
day 11

Business Organization Chapters 2627Three Kinds of Business Organization 1 Sole Proprietorship 1 Owned and operated by 1 individual 2 Laws Affecting Sole Proprietorships i Separate accounts HST ii Trust monies WSIB CPP EI i...

Accounting
ACTG 2P40
Books
day 10.docx

Intellectual Property Chapter 22short answer stuff1 Definition a Designed to protect the stuff the company puts into their business b Statutory c2 Trademarks at Common Law a Passingoff i Definition is the misrepresentation...

Accounting
ACTG 2P40
Books

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