Reference no: EM132937612
1. A partnership deed plays an important role as it contains rules and rights that govern the partners and should be abided by. With reference to a partnership deed, list the rules applicable in absence of partnership deed.
2. Despite the on-going partnership contract, it can be dissolved or come to an end due to courts intervention or without depending on various circumstances. Discuss the ways a partnership can be dissolved without courts intervention.
3. Insurance is a contract whereby a party known as the insurer undertakes, in consideration for a sum of money known as premium paid by the insured, to pay a sum of money or its equivalent on the happening of a specified future event. Explain the essentials of an insurance contract.
4. Insurance contracts may be classified into various categories on basis of circumstances affecting it such as interest and event insured, nature of the contract and others. Hence discuss the principles of insurance.
5. Despite the advantages of an insurance contract, it has also some consequences that lead to its termination. Based on insurance contract discuss ways in which its either terminated or comes to an end.
6. Bailment is a contract whereby a party known as bailor delivers goods to another known as bailee with specific instructions that the goods be dealt with in a particular manner or be returned as soon as the purpose for which they were bailed is accomplished. List the contents of bailment.
7. Trade mark as an intellectual property it all round since it has both advantages and disadvantages to the economy. Therefore, trade mark infringement is the use of a trade mark in the trade mark sense without a license or approval of the trade mark owner. Discuss its defenses.
8. Mediation is an informal and confidential way to resolve disputes with the help of a neutral mediator who is trained to help people discuss their differences. With reference to so, identify qualities of the mediation process.
9. Negotiation is any form of direct or indirect communication whereby parties who have opposing interests discuss the form of any joint action which they might take to manage and ultimately resolve the dispute between them. Discuss the disadvantages of negotiation.
10. Copyright are economic rights given to creators of literary and artistic works including the right to reproduce the work, make copies therefrom, perform or display the work publicly. Enumerate on the rules of copyright.