BUSI2601 (BUSI2601)

This document provides a full chapter summary of chapter 5 in the Canadian Business Law textbook, tailored for BUSI2601 business minor course at Carleton University. The chapter covers: 1. Intention to create a legal relationship 2. Offer & Acceptance of a contract, its lapse, revocation and counteroffer 3. Understanding terms of consideration and exceptions 4. Understanding the consequences to Contract breaching 5. The liability of directors, officers & employees for a breach of contr...

This document provides a full chapter summary of chapter 7 in the Canadian Business Law textbook, tailored for BUSI2601 business minor course at Carleton University. The chapter covers: 1. Importance of choosing a business form 2. Understanding sole proprietorships, their legal characteristics, advantages and disadvantages 3. Understanding the 3 types of partnerships: General, Limited, Limited Liability Partnerships 4. Looks at what is covered uner a partnership agreement 5. Defining...

This document provides a full chapter summary of chapter 4 in the Canadian Business Law textbook, tailored for BUSI2601 business minor course at Carleton University. The chapter covers: - Contracts - Types of Business Contracts and their Importance - Rules of Construction - Standard form contracts and benefits - Missing & Implied terms - Privity of Contract - Contact components (Product/Service Description, Quantity, Quality, Pricing, Payment, Deadline, Liquidated Damages, Automat...

This document provides a full chapter summary of chapter 1 in the Canadian Business Law textbook, tailored for BUSI2601 business minor course at Carleton University. The chapter covers: - 4 stages of legal risk management - Canadian constitution federal structure - Section 91 and Section 92 Roles and Responsibilities - Branches of Government - Executive branch - Substantive Law - Procedural Law - Private/ Civil Law - Burden of proof - Administrative Law - Administrative tribuna...

This document provides a full chapter summary of chapter 2 in the Canadian Business Law textbook, tailored for BUSI2601 business minor course at Carleton University. The chapter covers: - Litigation vs. Alternative Dispute Resolution - Courts Structure Federal & Provincial) - Concept of Parliamentary Supremacy - Civil vs. Common Law - Process of Litigation -

This document provides a full chapter summary of chapter 3 in the Canadian Business Law textbook, tailored for BUSI2601 business minor course at Carleton University. The chapter covers: - Categories of Tort Law - Concept of Negligence - Liability (Product and Occupiers) - Assumption of Risk and Damages