Legal Foundations: Common Law, Statutes, and Agency Regulation
Legal Principles and Sources of Law Assessment
True/False Questions on Legal Foundations
The doctrine of stare decisis, though vital to the creation of the common law when this country was settled, is not important to our modern, complex society.
Answer: False
ANS:F PTS:1 MSC:AACSB Analytic
While at the park, Tasha saw a small child fall into the lake. Tasha did not know the child. Under the common law of most states, Tasha has a legal duty to take reasonable steps to assist the child if Tasha is able
India’s Right to Information Act: Transparency, Governance, and Accountability
The phrase “OSA to RTI revolution” refers to the significant shift from the Official Secrets Act (OSA) to the Right to Information (RTI) Act in India, marking a transition from governmental secrecy to public transparency.
The Shift to Transparency: OSA to RTI Revolution
The Official Secrets Act (OSA) of 1923
The OSA, enacted in 1923, was a colonial-era law that restricted access to information, emphasizing secrecy and confidentiality.
- Restrictive: It severely limited public access to government information.
Foundations and Theories of Public International Law
History of International Law
Origins of International Law
International law does not exist in a vacuum – shaped by historical context and key events.
Early interactions between communities (trade, war) created customary rules.
Ancient traces: Mesopotamia, Egypt, India, China, Greece.
Foundational Thinkers (15th–17th C.)
Francisco de Vitoria – Indigenous peoples’ inherent sovereignty and property rights.
Francisco Suarez – Jus gentium (law of nations); right to rebellion.
Alberico Gentili – Secularized
Essential Commercial Contracts: Advertising, EPC, and Leasing Law
Key Commercial Contracts: Advertising, EPC, and Leasing Law
Advertising Contracts Fundamentals
Advertising Contracts are commercial agreements characterized by the entrepreneurial status of both the advertiser and the advertising agency, aiming for the massive diffusion of the advertiser’s products or services.
Key Elements of Advertising Contracts
- Advertiser: The natural or legal person in whose interest the advertising is carried out.
- Advertising Agency: Natural or legal persons professionally organized
Key Spanish Tax Obligations for Non-Residents
Joint and Several Tax Liability for Non-Residents in Spain
Under Spanish Tax Law, non-residents can be held jointly and severally liable for tax debts in specific cases. This liability arises when a non-resident, either directly or indirectly, facilitates or benefits from actions that result in non-payment or evasion of taxes due to the Spanish Treasury.
For example, if a non-resident transfers assets to avoid collection, or participates in the concealment of income or property, they may be jointly
Read MoreCorporate Legal Compliance: Capital, Governance, and Insolvency Rules
Analysis of Corporate Legal Requirements (C.E.A.)
1. Choosing the Joint Stock Company (S.A.)
The desire to raise capital easily, avoid restrictions on share transmission, and limit liability points exclusively to the legal form of a Joint Stock Company (S.A.).
This entity is regulated by the Corporate Enterprises Act (C.E.A.). Since the minimum capital requirement (€60,000) is also exceeded, this legal form is confirmed.
2. Validity of Non-Cash Social Contributions
The office, valued at €3,000,000,
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