By Shawn Kopel
This article is center fabric for and provides a transparent, functional and modern creation to the elemental ideas of business legislations. it's been up to date and revised and provides a vast and leading edge spectrum of content material which addresses each point of industrial legislation. The 5th variation is designed to be clearer and extra obtainable than ever, and extra examples and case illustrations are supplied to reinforce realizing and sensible software. The textual content now deals numerous new chapters and an elevated educating ancillary package deal.
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Extra resources for A guide to business law
Enquiries concerning reproduction outside the scope of the above should be sent to the Rights Department, Oxford University Press Southern Africa (Pty) Ltd, at the address above. You must not circulate this book in any other binding or cover and you must impose this same condition on any acquirer. 5 pt by Barbara Hirsch Printed and bound by ABC press Cape Town Acknowledgements The authors and publisher gratefully acknowledge permission to reproduce copyright material in this book. Every effort has been made to trace copyright holders, but if any copyright infringements have been made, the publisher would be grateful for information that would enable any omissions or errors to be corrected in subsequent impressions.
To uplift all humankind and to advance civilization. Formalities Controls human conduct by formal rules and procedures, and processes such as courts. Guides human conduct by setting standards, and functions through the consciences of individuals. The role played by ethics in business decisions is also covered in the web-based text in a separate chapter on business ethics. 2Legal subjects and rights A ‘legal subject’ is any person, or entity, who can hold rights and duties in terms of the law. If one legal subject has a right to something, then another legal subject has a duty not to interfere with that right.
Similarly, just because something is legal does not mean that everyone may believe it to be morally right. Law provides order in our society, but order without justice is meaningless. If a society has laws without justice then it will not be a pleasant place in which to live. This chapter sets out what law is, why we have law and how the law is categorised to provide order in our world. Importantly, it also introduces you to the concept of legal personality. We all accept that human beings can have rights and duties, but law also creates entities like companies that can also have legal rights and duties.
A guide to business law by Shawn Kopel