User:Jukeboksi/BBA studies/Law: Difference between revisions

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    * '''Compensation law'''
    * '''Compensation law'''
    :* In law, '''[[w:Damages|Damages]]''' are an award, typically of money, to be paid to a person as compensation for loss or injury;. ( Wikipedia )
    :* In law, '''[[w:Damages|Damages]]''' ( [[w:fi:]] )are an award, typically of money, to be paid to a person as compensation for loss or injury;. ( Wikipedia )
    * '''[[w:Product liability]]''' is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. ( Wikipedia )
    * '''[[w:Product liability]]''' ( [[w:fi:Tuotevastuu]] is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. ( Wikipedia )


    *'''Reclamation''' ( [[w:fi:Reklamaatio]] )
    *'''Reclamation''' ( [[w:fi:Reklamaatio]] )


    *'''[[w:Contract|Contract]]s''' both verbal and written are [[w:legally binding]] and '''[[w:breach of contract|breach of contract]]''' can land you and your business in [[w:court|court]].
    *'''[[w:Contract|Contract]]s''' ( [[w:fi:Sopimus]] both verbal and written are [[w:legally binding]] and '''[[w:breach of contract|breach of contract]]''' can land you and your business in [[w:court|court]].


    *'''[[w:Liability|Liability]]''' ( obs. and [[w:Liability (finance)]] and '''[[w:Legal liability]]''' are two distinct things. )
    *'''[[w:Liability|Liability]]''' ( obs. and [[w:Liability (finance)]] and '''[[w:Legal liability]]''' are two distinct things. )
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    *'''[[w:limited liability|Limitation of liabilities]]''' or full liability
    *'''[[w:limited liability|Limitation of liabilities]]''' or full liability


    *'''[[w:Force majeure]]''' is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term act of God (such as hurricane, flooding, earthquake, volcanic eruption, etc.), prevents one or both parties from fulfilling their obligations under the contract. ( Wikipedia )
    *'''[[w:Force majeure]]''' ( [[w:fi:Force majeure]] is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term act of God (such as hurricane, flooding, earthquake, volcanic eruption, etc.), prevents one or both parties from fulfilling their obligations under the contract. ( Wikipedia )


    *'''[[w:Legal burden of proof]]''' and reverse legal burden of proof when there is a contract
    *'''[[w:Legal burden of proof]]''' ( [[w:fi:Todistustaakka oikeustieteessä]] and reverse legal burden of proof when there is a contract


    *''' [[w:Non-disclosure agreement]] ( NDA )''' ( Maximum 1 yr for workers and 2 yrs for businesses ) ( Teacher )  
    *''' [[w:Non-disclosure agreement]] ( NDA )''' ( [[w:fi:Salassapitosopimus]]  ( Maximum 1 yr for workers and 2 yrs for businesses ) ( Teacher )  


    *'''[[w:Non-compete clause]] ( NCC )'''
    *'''[[w:Non-compete clause]] ( NCC )''' ( [[w:fi:Kilpailukieltosopimus]]


    Making a contract:
    Making a contract:

    Revision as of 11:52, 21 August 2013

    Law is a system of rules and guidelines which are enforced through social institutions to govern behavior”

    ~ Wikipedia on law

    Law

    In law particular case interpretations are deduced from the general law. ( Teacher )

    Business law

    Commercial law, also known as business lawJulkisoikeus, is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.It is often considered to be a branch of civil law ( w:fi:Säädösoikeus )and deals with issues of both private law ( w:fi:Yksityisoikeus ) and public law ( w:fi:Julkisoikeus ). ( Wikipedia )

    This article outlines commercial law and contains among other things

    Resources

    Resources in Finnish / Resurssseja Suomeksi

    Law classes

    Law class week 4

    Levels of negligence

    • Minor negligence
    • w:Negligence ( The area of tort law known as negligence involves harm caused by carelessness, not intentional harm. ( Wikipedia )
    • w:Gross negligence is a legal concept which means serious carelessness. ( Wikipedia )
    • Willful intention

    w:Corporate law (also called "company" or "corporations" law) is the study of how w:shareholders, directors, w:employees, w:creditors, and other stakeholders such as w:consumers, the w:community and the environment interact with one another. Corporate law is a part of a broader w:companies law (or law of business associations).

    Relevant corporate laws in Finland are w:fi:Osakeyhtiölaki for LTD's and w:fi:Suomen arvopaperimarkkinalaki for PLC's.

    Non-incorporated businesses include among others w:General partnership ( w:fi:Avoin yhtiö ) and w:Limited partnership ( w:fi:Kommandiittiyhtiö )

    Law class week 5

    Topics: Compensation law, Product liability

    • Compensation law
    • In law, Damages ( w:fi: )are an award, typically of money, to be paid to a person as compensation for loss or injury;. ( Wikipedia )
    • w:Product liability ( w:fi:Tuotevastuu is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. ( Wikipedia )
    • w:Force majeure ( w:fi:Force majeure is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term act of God (such as hurricane, flooding, earthquake, volcanic eruption, etc.), prevents one or both parties from fulfilling their obligations under the contract. ( Wikipedia )

    Making a contract:

    1. ) Preparatory stage
    2. ) Contract period
    3. ) End of contract
    w:Boilerplate (text) is any text that is or can be reused in new contexts or applications without being changed much from the original. ( Wikipedia )

    Protecting w:intellectual property:

    1. )A 'patent (/ˈpætənt/ or /ˈpeɪtənt/) is a form of intellectual property. It consists of a set of w:exclusive rights granted by a w:sovereign state to an inventor or their assignee for a limited period of time, in exchange for the public disclosure of the invention.
    2. ) w:Utility model ( small patent )
    3. ) A w:trademark is a recognizable sign, design or expression which identifies products or services of a particular source from those of others. ( Wikipedia )

    Law class week 7

    Topics: Contract law deals with w:contracts

    • A w:waiver is the voluntary relinquishment or surrender of some known right or privilege. ( Wikipedia )
    • w:Good faith - In w:law, bona fides denotes the mental and moral states of honesty and conviction regarding either the truth or the falsity of a proposition, or of a body of opinion; likewise regarding either the rectitude or the depravity of a line of conduct. ( Wikipedia )
    • w:Labour law (also called labor law or employment law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on, w:working people and their organizations. ( Wikipedia )
    • In contract law, w:rescission has been defined as the unmaking of a contract between parties.[1] Rescission is the unwinding of a transaction. This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract (the w:status quo ante). ( Wikipedia )
    • w:Collective bargaining is a process of negotiations between employers and a group of employees aimed at reaching agreements that regulate working conditions. ( Wikipedia )

    Law class week 9

    Topics: Contract law continues, marketing and Consumer Law ( redirects to w:Consumer protection ), Companies law

    • w:Companies law (or the w:law of business associations) is the field of law concerning companies and other business organizations. w:Corporate law is a subset of companies law relating to incorporated bodies.
    • w:Consumer protection it consists of laws and organizations designed to ensure the rights of consumers as well as fair trade competition and the free flow of truthful information in the marketplace. ( Wikipedia )
    • w:Articles of association ( w:fi:yhtiöjärjestys ) is a document which, along with the memorandum of association (in cases where the memorandum exists) form the company's constitution, defining the responsibilities of the directors, the kind of business to be undertaken, and the means by which the shareholders exert control over the board of directors. ( Wikipedia )
    • w:Preferred stock (also called preferred shares, preference shares or simply preferreds) is an equity security with properties of both an equity and a debt instrument, and is generally considered a hybrid instrument. ( Wikipedia )
    • w:Convertible bond or a convertible note (a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into shares of w:common stock in the issuing company or cash of equal value, at an agreed-upon price. ( Definition )

    Law class week 10

    Topics: w:Company law continues, wrap-up

    Law class week 11

    Final examination