100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary LPC Notes CLIP (Commercial Law and IP) Revision Notes (80% Distinction) AGRADE £17.51   Add to cart

Summary

Summary LPC Notes CLIP (Commercial Law and IP) Revision Notes (80% Distinction) AGRADE

 4 views  0 purchase
  • Module
  • Summary LPC Notes CLIP
  • Institution
  • Summary LPC Notes CLIP

Summary LPC Notes CLIP (Commercial Law and IP) Revision Notes (80% Distinction) AGRADE Commercial Law Revision Notes Law is: The set of rules, made by state, and enforceable by prosecution or litigation. Business Law: The set of rules regulating businesses and business activities made by thest...

[Show more]

Preview 4 out of 40  pages

  • October 19, 2023
  • 40
  • 2023/2024
  • Summary
  • Summary LPC Notes CLIP
  • Summary LPC Notes CLIP
avatar-seller
Summary LPC Notes CLIP (Commercial Law and IP) Revision
Notes (80% Distinction) 2023-2024 AGRADE




Commercial Law Revision Notes
Law is: The set of rules, made by state, and enforceable by prosecution or litigation.

Business Law: The set of rules regulating businesses and business activities made by thestate and
enforceable by prosecution or litigation.

Purpose of law:
• Resolve disputes
• Maintains social order
• Preserves and enforces community values
• Protects the disadvantaged
• Stabilizes the economy
• Prevents the misuse of power

Law
Public law
• Constitutional law
• Administrative law
• Criminal Law
• Taxation law

Private law
• Tort law
• Contract law
• Competition and Consumer law
• Property law
• Commercial law
• Employment law
• Company and Partnership law

Types of Legal systems
Civil law:
• Most Common
• Comes in forms of codes, statutes and constitutions
• Examples include France, Germany, Russia, China, Japan, Thailand and Korea
Common Law
• Main sources of law are legislation and case law
• The judiciary is much more powerful and influential in common law countries than incivil law
countries
• Examples include United Kingdom, Australia, Canada, New Zealand

,Australian Legal System 6 characteristics

• Liberal democracy: Laws are made by, the executive government consists of, elected
representatives who exercise their power subject to the rule of law and to the various federal
and state constitutions
• Common Law legal system: Our legal system is based on the British legal system, andcan be
contrasted with other forms of legal systems such as civil law legal system.
• Constitutional monarchy: The head of state is Elizabeth 2 Queen of Australia
• Federation: In addition to the commonwealth government there are various state
governments that are not subordinate to the federal government
• Separation of power: Laws are made by a parliament administered by an Executive council
or government in Council, and interpreted and applied to particular cases bya court system.
• Responsible Government: The ministers comprising the executive are elected
representatives who are also members of an are answerable to the legislature.

History:
• The British settled Australia rather than conquered it because they did not recognizethe
indigenous laws in place
• !901 Commonwealth of Australia came into existence each state giving certain powers to
the federal government and at the same time retained their individualidentities and
legislative authority
• Today Federal, State and territory government are free from interference from Britishparliament
• The final step is to become a republic

Exclusive Powers: (Powers only exercised by Federal parliament/government) Federal
parliament only, examples include customs, defense, currency and territories.

Concurrent Powers: (Most of the powers granted to Federal under the constitution) Federal and state
parliaments, examples include Taxation, Marriage, Banking and externalaffairs.

Residual Powers: (Not expressed in constitution so state parliament)
State Parliament only, examples include education, Property, Crime and Health.


Federal/State Relations
• If Federal parliament has not legislated in relation to any matters listed in s51, thenthe matter
remains within the authority of the state.
• If the state parliament has made a law in relations to one of these matters and thefederal
parliament makes a law on the same matter then s109, Australian constitution provides that
the latter shall prevail and the former shall be invalid.

,Changing the Constitution
• The proposed amendment must:
o Be passed by an absolute majority of both houses of parliament and
o Be put to the Australian voters in the form of a referendum and passers by
▪ A majority of voters
▪ A majority of states
o 40 attempts only 8 have been successful


The legislature:
• Legislative power is the power to make law, and in Australia is exercised by thefederal
parliament and the various state and territory parliament
• Parliament means that it is the ‘sovereign lawmaker’ within Australia

Federal Government:
Crown: Governor General
Upper house: Senate
Lower house: House of Representatives

State Parliament
Crown: Governor
Upper house: Legislative council
Lower house: Legislative assembly

Territory parliament
Crown: Administer
Upper house: NONE
Lower house: Legislative assembly

Lower house- Federal Parliament:
• House of representatives is the ‘peoples house’ providing equal representation forthe people
of Australia
• Australia is divided into electorates about 150, with roughly equal numbers of voters,each of
which elects a representative
• The political party with the majority of members in the House of Representativesform
executive government
• The prime minister is traditionally a member of the lower house

Upper House- Federal Parliament:
• The senate is the ‘states house’ if protects the rights of the states
• There is an equal number of Senators from each state (12) in order to protect the interests
of the less populous states: The territories are represented by 2 senatorseach.

, Parliament process
• Proposal
• Drafting of Bill
• Lower house
• Upper house
• Royal assent
• Commencement



Bill readings
• First reading
• Second reading and debate
• Committee
• Third reading

Once a bill has passed both lower house and upper houses it goes to Royal accent of theCrown
Representative

Traditionally the crown representative acts on the advice of the executive government.Failure of

passing bill
• If it fails to pass the upper house and then 3 months passes and the bill again fails to
pass the upper house the governor general has the power to dissolve both housesknown as
double dissolution.
• If the new parliament has another deadlock the governor general can convene a jointsitting of
both houses


Types of legislation
• Original acts
• Amendment acts
• Repealing acts
• Consolidating or reported acts
• Reviving acts

The executive
The executive power is the power to administer the law, i.e. carry on the business ofgovernment and
maintain order and security
• Federal (Council)
This power is vested in the Queen or in the Governor General who acts on the Queensbehalf

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 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 jackwa. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £17.51. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79373 documents were sold in the last 30 days

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

Start selling

Recently viewed by you


£17.51
  • (0)
  Add to cart