BPP Learning Media's ACCA - F4 Corporate and Business Law (ENG): Study Text PDF

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ISBN-10: 0751763659

ISBN-13: 9780751763652

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Additional info for ACCA - F4 Corporate and Business Law (ENG): Study Text

Example text

These public authorities must not breach (or derogate) an individual's rights. In the case of proceedings against a public authority, there is a limitation period of one year from the date on which the act complained of is alleged to have occurred. The rights outlined below can be relied upon by any individual or non-government organisation including companies. However, where rights have been derogated, the public authority can mitigate its actions by demonstrating a legitimate need to derogate and that the derogation was proportionate to the need.

Equity was able to make the following orders. (i) That the defendant must do what he had agreed to do (specific performance) (ii) That the defendant must abstain from wrongdoing (injunction) (iii) Alteration of a document to reflect the parties' true intentions (rectification) (iv) Restoration of the pre-contract status quo (rescission) Where equitable rules conflict with common law rules then equitable rules will prevail. Earl of Oxford's case 1615 Case law incorporates decisions made by judges under both historic legal systems and the expression 'common law' is often used to describe all case law whatever its historic origin.

Some cases are cited by reference to the subject matter. Thus case names have included Re Barrow Haematite Steel Co (a company case), Re Adams and Kensington Vestry (a trust case) and in shipping cases the name of the ship, for example, The Wagon Mound. Some older cases may be referred to by a single name, for example Pinnel's case. In a full citation the title of the case is followed by abbreviated particulars of the volume of the law reports in which the case is reported, for example, Best v Samuel Fox & Co Ltd 1952 2 All ER 394 (the report is at p 394 of Vol.

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