Business Law Case Study
The collective agreement among career counselors may be stated as: not entire law practicing areas are lucrative evenly. Some of the legal areas may be susceptible to changes from the economic point of view, while others develop abundantly.
Preferred areas are:
- Certain Sections Of Civil Laws, Business Laws,
- Intellectual Property Laws,
- Environmental Laws and
- E-discovery Laws
Business laws are dominated by the areas of commercial activities like :
- Bankruptcies etc.
A Case Study related to business law solves a dispute between two hereditary factors relating to such issues. Students of law schools are assigned to such situations of conflict for feasible legal solutions. The law student will look for the fact that such legal case studies are exciting as well as challenging—some of the broad areas of dispute that can be presented as the subjects for unusual legal cases.
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Banking Laws: Banks are financial institutions that are regulated by legal statutes. Such laws may operate both at the level of the state as well as at the federal level. Banking laws control interest rates, operations of checking accounts, receipt, and transfer of checks and other negotiable instruments, the insurance amount for deposits, etc.
Bankruptcy Laws: Bankruptcy laws provide for the reduction and elimination of dischargeable debts and can provide a timeline for the repayment of certain non-dischargeable debts.
Consumer Credit Laws: Disputes arising between consumers and credit card companies are dealt with under such laws.
Contract Laws: A contract is a legal agreement between two parties that creates certain obligations that are enforceable by law. Disputes arising out of breach of contract are quite common.
Tenancy Laws: Tenancy laws govern the agreements between tenants and landlords for residential and commercial property. Disputes regarding the terms of the tenancy contract are quite common.
Mortgages: A mortgage involves the transfer of landed property as a security for loans from banks and other financial institutions.
Sale Laws: Transactions for sale and the leasing of goods are governed by sale laws. Most of the disputes are related to the terms of the sales agreement related to Business Law.
Consumer Law Example
GM and George Tillman involved in an argument for not fulfilling the legal obligations agreed related to the lease agreement between the two companies.
According to the lease agreement between Tillman and GM, the former was promised liable to pay for any damage or loss caused to the property of the company. Further, according to consumer law, Tillman possessed a right to protect his consumer-related interests.
It may be advised that Tillman should send a letter to GM, indicating that he was unable to return the car’s service history and the car manual since he has not received it from the suppliers. Moreover, he has written proof related to them.
Contract Law Example
Case Brief: HDC versus SDC due to breach of contract.
Legal Rationale: SDC complained that there was a breach of contract, but as per HDC, the software company did not deliver them.
Legal Advice: SDC should refund HDC all the money. Otherwise, HDC can file a case against SDC.