Samenvatting
Samenvatting International Business Law International Business
- Instelling
- Rijksuniversiteit Groningen (RuG)
Samenvatting International Business Law International Business
[Meer zien]Voorbeeld 4 van de 37 pagina's
Voorbeeld 4 van de 37 pagina's
In winkelwagengesponsord bericht van onze partner
Verkoper
Volgen
Voorbeeld van de inhoud
International business law - IBLecture 01: Introduction to IBL
➢ What’s law?
o The body of rules and regulations that govern the activities of persons within
a country/jurisdiction.
o Rules governing conduct of ‘actors’ in a society
o Creating rights, obligations, facilitating ‘co-existence’/’co-operation’
o Procedures to enforce law when breached
➢ Why English law?
o English law is pro-business and adapted to foreign parties
o Global reach of English law
o Sector dominance of English law
o High degree of certainty and predictability
o Flexibility of common law
➢ Law and business
o Legal rules in place influence what business can do or how they go about doing it.
▪ What to build and sell (IP,
products liability etc.)
▪ How to fund product (contracts,
selling shares, debt financing etc.)
▪ How to protect what they make
(IP, contracts etc.)
▪ How to behave toward and in
relation to others (Contract law,
negligence, competition law, etc.)
➢ Law, morality, and society
o How do legal, moral and social duties overlap?
▪ Legal vs moral; legal vs social; moral
vs social
o Can law be morally justified?
▪ Murder?
▪ Abortion?
▪ Euthanasia?
o Should society strive for overlapping legal,
moral and social duties?
,➢ Classification of law
➢ Legal systems
o “…the body of institutions that make, execute, and resolve disputes on the law of
a jurisdictions, together with the law they deal with.”
➢ Two major legal systems:”
o Common law
o Civil law
➢ Sources of law
o Legislation
o Case Law/Common Law
o European Union Law
, o International law
➢ Sources of law: Legislation
o Primary legislation/Act of Parliament
▪ Acts of Parliament also called statutes.
▪ Made by Parliament
▪ Parliamentary sovereignty
• Parliament is the supreme law-making body in the UK
• It has the power to make any statutes on any subject matter, and
• British courts are bound to enforce the law & cannot question
their validity.
o Delegated legislation
▪ Made by bodies other than Parliament
▪ Power to make delegated legislation
is given by Parliament
▪ Bodies that are given the power to
pass delegated legislation can only
pass laws within the limited power
given to them under the enabling
Act.
▪ Delegated legislation going beyond the
power of the enabling Act is said to
be “ultra vires” and can be invalidated
by the courts.
➢ Sources of law: Case law
o In a case, a judge:
▪ Gives the actual decision (which
party is successful in the case).
▪ Gives her legal reasons for making the decision based on the material
facts (ratio decidendi)
▪ May discuss the law generally and give some hypothetical situations
(obiter dictum)
o Doctrine of precedent
▪ An authoritative and binding decision in a case used to decide a later
case with broadly similar facts
▪ Judge of lower courts must apply the legal rules set down by higher
courts (or courts of the same status) in earlier cases where the facts are
similar.
, ➢ Sources of law: EU
law
o Primary EU law
▪ Treaties – are agreements between countries.
▪ Treaty of Rome 1957 (which set up the European Economic Community);
Single European Act 1987; Treaty on European Union 1992;… Treaty of
Lisbon 2009 (Treaty on the Functioning of the European Union).
o Secondary EU law
▪ Regulations:
• Have direct force in Member States from their creation without
Member States having to pass their own implementing
legislations;
• Aim to produce uniformity of law throughout the EU
▪ Directives:
• Statements of policy that require member states to alter their
national laws so that they conform to the directive within a
specified time;
• Seek to harmonise the law in Member States;
• Instruct Member States to accomplish a certain goal but allows
each Member State to choose how that goal is to be achieved.
▪ Decisions
• An issue may be brought before the European Council or
Commision for its consideration.
• The decisions of these institutions are binding on the states,
persons, or companies to whom they are addressed.
• Note: decisions don’t have general binding force on other
states, persons, or companies
o Direct applicability
▪ EU legal acts are automatically incorporated into domestic law as soon
as they are passed.
▪ Direct applicability ≠ direct effect => not all directly applicable EU
legislation will be directly effective.
o Direct effect: legal acts that can be relied on in a domestic court are said to
have ‘direct effect’.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper minjonhoogvliets. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €7,49. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 50155 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen