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BUSINESS LAW - Coggle Diagram
BUSINESS LAW
NEGLIGENCE
DEFENCES
Consent (ACCEPTANCE OF RISK)
Contributory Negligence (CONTRIBUTION)
Necessity (RESCUE)
REMEDIES
Common Law (MONETARY)
Equity (FAIR & REASONABLE)
PROOF
Breach of Duty (REASONABLE MAN)
Damage/ Loss (CAUSATION)
Duty of care (NEIGHBOUR)
Strict Liability = STATUTORY e.g. Consumer Protection
THE LEGAL SYSTEM
Law comes from
Parliament (FEDERAL LAWS)
Executive (SECONDARY/ DELEGATED)
Constitution (BASIC RIGHTS)
Judiciary (CASES)
Legal Dispute
COURTS
ADR Bodies
2 main types of law
PRIVATE
PUBLIC
LEGAL ENTITIES
BUSINESSES
PARTNERSHIP
COMPANY
Private
Public
SOLE TRADER
AGENTS
Duties
Remedies for breach
EMPLOYEES
TESTS
Integration
Economic
Control
Legal Protection (EMPLOYMENT ACT)
CONTRACT
DISCHARGE
Agreement
Frustration
Performance
Breach
FORMATION
Intention
Capacity
Consideration
Free Consent
Offer & Acceptance
Certainty
REMEDIES
Common Law (MONETARY)
Equity (FAIR & REASONABLE)