Business Law I notes – University notes

BUSINESS LAW I

Subject content

NATURE, PURPOSE AND KINDS OF LAW

  • Definitions of terms
  • Characteristics of law
  • Purpose of Law
  • Business and Business Law
  • Nature of Law
  • Classification of Law
  • International Law
  • Public and Private Law
  • Civil and Criminal Law
  • Procedural Law and Substantive Law

SOURCES OF LAW

  • The constitution of Kenya
  • Legislation
  • Subsidiary (delegated) Legislation
  • Common law and doctrine of equity
  • African Customary Law
  • Case law or judicial precedent
  • Islamic law

ADMINISTRATIVE STRUCTURE OF KENYAN COURTS

 

THE LAW OF CONTRACT

  • Importance of Contract
  • Objectives of Law of Contract
  • Nature of Contract and Definition
  • Contract and agreement
  • Classification/Types of contracts
  • Offer and acceptance
  • Essential elements of a valid contract
  • Types of offers
  • Acceptance
  • Termination of an offer and acceptance
  • Intention to create legal relationship
  • Consideration

LAW OF TORTS

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