Jurist in control 1 - Samenvattingen, Aantekeningen en Examens

PVL1501 - Law Of Persons_Summary_notes.Sub-sec of private law Private law = persons “first law” – sphere of law that governs relationships with humans = concepts & institutions – basic to all other branches of the law Legal subject: Centre of legal world – bearer of rights, duties and capacities – persons in the eye of the law (persona iurus) The Law of Persons determines: 1. Which entities are legal subjects 2. When legal personality begins & ends 3. What legal status invol...

True / False 1. The primary function of the law is to maintain stability in the social, political, and economic system while simultaneously permitting change. a. True b. False ANSWER: True 2. William Blackstone, an English jurist, defined law as “a rule of civil conduct prescribed by the supreme power in a state, commanding what is right, and prohibiting what is wrong.” a. True b. False ANSWER: True 3. The common law system is used in most of Europe, Asia, and South America. a. T...

LML4806_EXAM_ANSWERS_2020. Application of Ubuntu to company law Company law is guided by strict rules that need to be followed strictly and it regulates an area of law mainly driven by a desire for profit at any cost. The element of Ubuntu brings an element of Humanness to company law and company conduct. Companies are required to be more responsible in their conduct and take ownership in communities in which they operate 1.2 The Turquand rule was derived from Royal British Bank v Turquan...