100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Exam word list Business Law (BUAS) year 1 CA$15.34   Add to cart
Quickly navigate to
Preview
  2.  
  3. NHTV (NHTV)
  4.  
  5. Business Law

Other

Exam word list Business Law (BUAS) year 1

 93 views  5 purchases
  • Course
  • Business Law
  • Institution
  • NHTV (NHTV)

All keywords you need to learn for the Business Law exam including definitions. Topics that are related to General Legal Issues 1-4, Property Law and Corporate Law. Good luck! In addition, you would make me very happy by leaving a review after buying one of my documents :)

Preview 2 out of 14  pages

Document information

  • May 22, 2021
  • 14
  • 2020/2021
  • Other
  • Unknown

Subjects

  • general legal issues 1
  • general legal issues 2
  • general legal issues 3
  • general legal issues 4
  • property law
  • corporate law
  • buas
  • buas
  • buas

Written for

  • NHTV (NHTV)
  • International Facility Management
  • Business Law
All documents for this subject (4)

Seller

avatar-seller
FloorSteenberg

Reviews received

Content preview

General Legal Issues 1
Regulate = to control or direct by a rule

Balance = even distribution of weight

Private law = 1 of 2 areas of law. Private law applies to relationships between individuals in
a legal system, e.g., contract and employment law

Right of withdrawal = allows the consumer to change his mind about the purchase made

Vienna Convention = also called CISG

B2C (business to consumer) = Consumer Rights Directive is applicable to sales within EU

Legal proceedings (court case) = an activity that seeks to invoke the power of a tribunal in
order to enforce a law

Exception = a case in which certain rules do not apply

Responsibility(-ies) = 1 of the 3 R’s of law, is the same as duty of care, responsibilities must
be in balance with rights

Precedent = earlier court decision

Criminal law (law within public law) = a system of laws concerned with punishment of
individuals who commit crimes

Contract law = law within private law

Freedom = the right to act, speak, or think as a person wants

Capital = cash, equipment, property that a business has

Rule of law = those with the power to make laws that bind us are also bound by these laws
themselves, also called ‘rechtsstaat’

Product safety = the ability of a product to be safe for intended use, as determined when
evaluated against a set of established rules

Reasonable(-ness) = 1 of the 3 R’s of law, it means taking into account the other parties
legitimate interests too

Common law (started in the UK, distributed the system to US, India, Australia and Canada)
= as for development: case law and for precedent: binding precedent
Court needs to explain decisions, lower courts need to follow decisions of higher court

Substantive law = the set of law that governs how members of a society are to behave

Rechtsstaat = those with the power to make laws that bind us are also bound by these laws
themselves

, CISG (Convention on Contracts for the International Sale of Goods (1980) = a set of rules
defining the obligations of professional, commercial buyers and sellers from different
contracting states, either within or outside the EU, regarding certain commercial goods and
products that apply automatically unless their applicability is excluded in the sales contract.

Regulation = a rule or directive made and maintained by an authority

Reflection period = is intended for trafficked persons to recover sufficiently from their
experience that they might be willing and able to talk about it and to make informed decisions
about whether to take legal action against the trafficker and to pursue legal proceedings
regarding compensation claims

Conduct = the manner in which a person behaves, especially in a particular place or
situation

Civil law (within (Western) Europe), because of civil law there is a civil code and criminal
code. As for development: codified statues (written law is most important) and for precedent:
persuasive precedent
When higher court makes decision, lower court would be wise to follow higher court’s
decisions

Binding = an agreement or promise, involving an obligation that cannot be broken.

Tax law (public law) = the body of law dealing with governmental levying of taxes on
individuals and corporations

Employment law (private law) = a set of laws that deal with the rights of employees and the
responsibilities of employers: Employment law covers a wide range of issues from pension
plans and retirement, to occupational safety, to discrimination in the workplace

Movement = an act of changing physical location or position or of having this changed

Services = activities that are consumed at the same time they are produced

Legal representation (lawyer) = if defendants come to court without legal representation,
they will not be adequately defended

Consumer protection = the practice of safeguarding buyers of goods and services, and the
public, against unfair practices in the marketplace

Legitimate(-ly) = able to be defended with logic or justification (valid), conforming to the law
or to rules

Case law = decision made by court in specific individual cases

Directive = an official or authoritative instruction

Duty(-ies) of care = within liability under 5 requirements to hold someone liable (tort):
person A owes B a duty of care (based on fault or risk); you have a responsibility to behave
and act carefully around others

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller FloorSteenberg. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$15.34. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77764 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$15.34  5x  sold
  • (0)
  Add to cart