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Textbook Notes for BUS 233 at Simon Fraser University (SFU)

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SFUBUS 233Sasha RamnarineSpring

BUS 233 Chapter Notes - Chapter 1: Precedent, Parliamentary Sovereignty, Case Report

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Laws are rights and obligations governing human interaction. Risk avoidance state of mind think what could go wrong, then avoid. Rules enforceable by c
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SFUBUS 233Sasha RamnarineSpring

BUS 233 Chapter Notes - Chapter CH2: Liability Insurance, Reasonable Person, Product Liability

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Bus 233 ch2 - 2 negligence and professional liability. Involves inadvertent or careless conduct causing injury or loss to another (eg physical injury,
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SFUBUS 233Sasha RamnarineSpring

BUS 233 Chapter Notes - Chapter 4: Non Est Factum, Parol Evidence Rule, Caveat Emptor

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SFUBUS 233Sasha RamnarineSpring

BUS 233 Chapter Notes - Chapter CH3: Consumer Protection, Rescission, Richmond, British Columbia

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Irac method in answering questions (f - facts, are given in exam) A voluntary exchange of promises or commitments that are enforceable in our courts. T
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SFUBUS 233Sasha RamnarineSpring

BUS 233 Chapter Notes - Chapter CH2: O. J. Simpson, Punitive Damages, Reasonable Person

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Crime: offensive conduct that is serious enough for the state to get involved and prosecute the offender. Tort: private or civil court action where the
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SFUBUS 233Sasha RamnarineSpring

BUS 233 Chapter Notes - Chapter 5: Limited Liability Partnership, Sole Proprietorship, Limited Liability

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Bus 233 ch5 methods of carrying on business. 3 structures available: sole proprietorship, partnership, incorporated company. Must comply with governmen
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