Business Law Chapter 2
Business Law Chapter 2 有学:✅2.1 Describe the nature OF Malaysia legal Principles✅Describe contract✅2.2 Apply elements that form a valid contract and terms in contract✅Elaborate elements of valid contract✅2.3 Ascertain effects of contract✅Describe valid contract✅Interpret voidable contract✅Discuss void and illegal contract✅2.4 Explain discharge of contract✅Identify the role of judges in interpretation of statutes✅ 2.5 Ascertain remedies for breach of contract✅Outline the remedies for breach of contract
✅2.1 Describe the nature OF Malaysia legal Principles
Describe contract
What is contract?
- Contract is a legally binding or valid agreement between two parties and intended to be enforceable by law
- Contract Act 1950 stated that ' an agreement enforceable by law is a contract'
✅2.2 Apply elements that form a valid contract and terms in contract
Elaborate elements of valid contract
Offer
首先,我们要先知道什么是offer。offer可以理解为交易。Offer有分成两个种类,第一个是specific offer,第二个是general specific。
Specific offer是与指定的人做交易
General offer是与任何人做交易
ITT(Invitation to treat) 邀请第三方做交易
-advertisement (不是所有广告都是ITT,如果附带条款可被视为offer)
-self-service outlet
-auction 拍卖 (需要木鱼敲打第三次才算拍卖成功,第三次前可以任意取消当前交易,之后是offer)
-exhibition on a shop window 展览
-Catalogue
-supply of information
Lapse of offer
-长时间没有accept这个offer
Acceptance
假设双方达成了协议,有了offer,就要给对方时间accept
当acceptance的信件寄出,acceptance就生效了。如果要revoke,要确保在acceptance让对方收到之前。如果卖家revoke,要比买家的acceptance早寄出。
Consideration
-an agreement without consideration is void
-双方开出的条件
-consideration不一定要当事人给予。
- 如果姐姐无条件自愿每年给妹妹RM5000,由于没有consideration,假设姐姐不愿意继续支付妹妹,妹妹无权将此案交由司法处理。假设,爸爸得知这件事情,为了表示对姐姐的感谢,送给姐姐一块地,姐姐接受了地。如果姐姐无能力每年支付妹妹RM5000,那么妹妹有权对姐姐进行提告(即使妹妹没有提供任何consideration,但爸爸代替妹妹提供consideration)
Intention to create legal relation
- 要有法律认证
-分成domestic arrangement和commercial arrangement
-domestic arrangement偏向于夫妻关系,如果是在甜蜜时给的承诺则不生效,若是在关系破裂后,仍然维持夫妻关系合约则属于生效
-xommercial arrangement是属于朋友之间的合约,要去sah就属于生效的合约,没有sah就不属于合法合约
Certainty
-要准确,不能用含糊不清的字
-exp 不能用“随时”, “只要我开心”,没办法定义
-应该用1年,rm300等明确的条件
Capacity
-age of majority (多于18岁)
-mentally sound (正常人,不是精神病患者/在醉酒的情况下)
-no legal disqualification against him (exp对方不能破产)
其实2.2有非常多content,很多case,等着大家慢慢探索~ Case大部分都很有趣,除了名字比较多。case 第一个名字时plaintiff,plaintiff是原告 case第二个名字时defendant,defendant是被告。held是判决
✅2.3 Ascertain effects of contract
Voidable contract
1coercion 威胁 (绑架/用刀威胁)
2under influence 滥用权力
3fraud 存在诈骗,在签约前提供不准确的info
4mispresentation 其中一方给错info
5mistake 双方都有犯错
Void contract
1是illegal
-it is forbidden by law
-it is if such nature that, if permitted, it would defeat any law
-it is fraudulent
-it involves or implies injury to the person or property of another
-the court regards it is immoral
✅2.4 Explain discharge of contract
- Discharge by performance
- 双方完成任务,就discharge
- Discharge by frustration
- 其中一方无法完成(有合情合理的原因)
- 没有办法claim,双方都没错
- Discharge by agreement
- novatation-双方同意换新合约,代替旧合约
- rescission-废除合约before performance
- alteration-更改合约,用新合约
- remission-reduce the performance of original contract
- Discharge by breach
- 违约而解约,损失的那方可以claim damage
✅ 2.5 Ascertain remedies for breach of contract
- Damage
- claim monetary compensation
- Rescission
- allows the innocent party to cancel the contract
- Specific performance
- A答应B唱歌,C也要A唱歌,C付更高薪,A违约但是B还是要A唱歌,让她继续履行合约
- Injuction
- 夫妻离婚,还在走process,前夫一直骚扰前妻,前妻可以申请injunction,让前夫不要靠近自己的家2km
- prohibitory injunction
- mandatory injunction
- interlocutory injunction
- Quantum Meruit
- tuntut separuh sahaja 不能claim全部,done part of performance
- Anton Piller Order
- 用来保护证据
- 如果毁约可能会造成另一方毁掉证据,可以申请这个(已经懂对方毁约了)
- 申请去别人的办公室突击证据,必须申请,否则无法私闯他人办公室
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