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Business law is an aspect of law that governs business transaction in a particular country. Business law aims at ensuring justice and protecting both the seller and the buyer against fraud in any business transaction.
It is in this lucid manner that this book will teach you business law.
It clearly explains contract. It throws light on the conditions for a valid contract. It shows you how to terminate a contract.
It analyzes agency. It sheds light on the duties of an agent to a principal. It highlights the duties of a principal to an agent.
It appraises the different types of agent. They include the universal agent, general agent, broker, jobber, factor, commission agent, del-credre agent, clearing and forwarding agent, auctioneer and manufacturer’s representative. It outlines how to terminate an agency.
It evaluates employment contract. It throws light on the rights and obligations of the employer and the employee.
It examines the Sale of Goods Act. It sheds light on the distinctive provisions of the Sale of Goods Act.
It discusses the Hire Purchase Act. It highlights the distinguishing provisions of the Hire Purchase Act.
It identifies the Food and Drug Act. It casts light on the distinctive provisions of the Food and Drug Act.
It analyzes special property laws. They include patent, copyright and trademark.
It clearly explains consumer protection. It throws light on the laws that seek to protect the consumers. They include the Sale of Goods Act, Hire Purchase Act, Food and Drug Act, Usury Law, Weight and Measures Act and Trade Description Act.
And it explores the reasons for protecting the consumers. It discusses what a government must do to protect the helpless consumers.