LAW ON OBLIGATIONS AND CONTRACTS* I. Introduction A. Law - from the Latin word “lex” which is derived from the verb “Ligare” meaning “to bind” - a rule of conduct‚ just and obligatory promulgated by legitimate authority for the common observance and benefit (as defined by Sanchez Roman‚ a Spanish Civilist) B. Sources of Law 1. Legislative- Congress 2. Constitution- supreme law of the land 3. Administrative or Executive Orders‚ Regulations and Rulings-
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Week 1 – Welcome / Introduction to Law I. 1. 2. 3. 4. Introduction to Law Not Not Not Not Divine Law‚ law of religion and faith Natural Law‚ justice‚ fairness and righteousness Moral Law‚ norms of good and right conduct Physical Law‚ order or regularity in nature Sources of Law i) i) Constitution – Fundamental Law of the land ii) ii) Legislations – Passed by Senate and House of Representatives iii) iii) Administrative issuances – Quasi Legislative Functions iv) iv) Jurisprudence – Decisions of the
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Markkula article gives five examples of ethical decision that each business should take into consideration when making transactions with customers or implementing a product into the market. The utilitarian approach‚ virtue approach‚ rights approach‚ fairness approach‚ and common good approach are all steps the business should use to make sure their brand is ethical. Companies like amazon‚ apple‚ and Wal-Mart are ethical and have prospered because these companies hold everyone accountable for their
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Meetings come in all shapes and sizes. There are the everyday office meetings‚ board meetings‚ seminars -- all the way up to major conferences. And meetings can now be face-to-face‚ teleconference‚ videoconference‚ or online via the Internet. And when is the last time you heard someone say‚ "Gee‚ we need to have more meetings." There are more than enough meetings to go around these days‚ and for a good reason. Meetings are more important than ever. Modern workplaces are built on teams‚ sharing of
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NATURE & EFFECTS OFOBLIGATIONS See Arts. 1163 - 1178 NATURE OF OBLIGATIONS 1. Personal Obligations : obligations to do or notto do; where the subject matter is an act to bedone or not to be donea. Positive – obligation to dob. Negative – obligation not to do 2. Real Obligations: obligations to give; where thesubject matter is a thing which the obligor mustdeliver to the obligeea. Determinate or specific – object is particularlydesignated or physically segregated from allother things
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The Coca Cola Company struggles with ethical crises Brenda James HRM/522 Strayer University‚ Lithonia Campus Dr. Huddleston February 3‚ 2013 The Coca-Cola Company Struggles with Ethical Crises Since the late nineteenth century Coca Cola has been a successful company. Coco-Cola went to war with its competitor PepsiCo throughout the 1990s as Coca-Cola expanded its market overseas. Its overseas sales increased to the point where over 85 percent of its sales came from outside of the United
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SECTION 3. - ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficient as determined by the choice‚ which‚ as a general rule‚ belongs to the debtor. Right of choice‚ as a rule‚ given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor Except: When the right has been expressly granted to the creditor Right of choice of debtor not absolute. LIMITATION ON THE DEBTOR’S CHOICE (1) The debtor
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Meetings - Task For a meeting to run effectively‚ good planning and preparation are required. This takes a good deal of time. The following has to be considered while planning a meeting: Planning the meeting: * The basic details of the meeting like the type of meeting‚ how much budget is allocated‚ number of attendees‚ venue and other basic details has to be gathered. * The aim of the meeting * The role of each person attending from the team has to be known. * Organise a checklist
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Ethical 1 Is it ethical for a manufacturing company that wishes not to be identified as the sponsor of a mail survey to invent the name of a fictitious research company and print the name on the letterhead paper used for the survey? I do not think it is ethical for a manufacturing company to invent a fictitious research company. I think 3 things that are not good can come from it. The first thing is the manufacturing company might not have the expertise in surveys. Second is there a point to the
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Throughout the chapter‚ Genetic Choices‚ the issue of moral obligations in regards to genetic information about potential disease and illness. Upon review‚ I find individuals to have a moral obligation to warn others if they have knowledge about their genetic predisposition in regards to disease and/ or illness. The first case I will discuss is when an individual knows their family members are either at great risk or are certain to have a specific disease and/ or illness due to their diagnosis or
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