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Mini Dragon Group (ages 6-7)

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Myron Markov
Myron Markov

Learn and Apply Business Law in Malaysia with Lee Mei Pheng's E-Book



Business Law by Lee Mei Pheng: A Comprehensive Guide for Students and Practitioners




Business law is a branch of law that deals with the rules and regulations that govern the conduct of business activities in a country. It covers various aspects of business such as contracts, agency, partnership, company, consumer protection, intellectual property, taxation, and more. Business law is important because it provides a legal framework for businesses to operate efficiently and ethically. It also protects the rights and interests of various parties involved in business transactions such as owners, managers, employees, customers, suppliers, creditors, shareholders, regulators, and society.




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If you are a student or a practitioner who wants to learn more about business law in Malaysia, you may want to check out Business Law by Lee Mei Pheng. This book is a comprehensive guide that covers all the major topics of business law in Malaysia. It is written by Lee Mei Pheng, a former professor of law at Universiti Malaya who has over 40 years of teaching and research experience in business law. She is also a prolific author who has published several books and articles on business law.


Business Law by Lee Mei Pheng has many features that make it a useful and interesting resource for learning and applying business law in Malaysia. Some of these features are:



  • It is updated with the latest developments and amendments in Malaysian business law.



  • It is organized into 12 chapters that cover all the essential topics of business law such as contract law, agency law, partnership law, company law, consumer protection law, intellectual property law, taxation law, etc.



  • It provides clear explanations and illustrations of legal concepts and principles with relevant examples and cases.



  • It includes review questions, exercises, and case studies at the end of each chapter to test your understanding and application of business law.



  • It provides references to statutes, cases, books, journals, websites, and other sources for further reading and research.



By reading this book, you can benefit in many ways. You can:



  • Gain a solid foundation and understanding of business law in Malaysia.



  • Develop your critical thinking and problem-solving skills in business law.



  • Enhance your communication and writing skills in business law.



  • Prepare yourself for academic exams, professional exams, or career advancement in business law.



Key Concepts and Principles of Business Law




In this section, we will briefly introduce some of the key concepts and principles of business law that are covered in the book. These are:


Contract law




A contract is a legally binding agreement between two or more parties that creates rights and obligations for them. Contract law is the branch of law that governs the formation, performance, breach, and remedies of contracts. Some of the topics that are discussed in the book are:



  • The elements of a valid contract such as offer, acceptance, consideration, intention, capacity, consent, legality, and form.



  • The types of contracts such as express, implied, bilateral, unilateral, executed, executory, void, voidable, illegal, and unenforceable.



  • The terms of a contract such as conditions, warranties, innominate terms, exclusion clauses, and implied terms.



  • The discharge of a contract such as performance, agreement, breach, frustration, or operation of law.



  • The remedies for breach of contract such as damages, specific performance, injunctions, rescission, and restitution.



Agency law




An agency is a relationship where one party (the agent) acts on behalf of another party (the principal) in dealing with a third party. Agency law is the branch of law that governs the rights and duties of agents and principals in an agency relationship. Some of the topics that are discussed in the book are:



  • The creation of an agency relationship such as by express agreement, implied agreement, ratification, estoppel, or operation of law.



  • The types of agents such as general agents, special agents, sub-agents, co-agents, del credere agents, etc.



  • The authority of agents such as actual authority (express or implied), apparent authority (ostensible or estoppel), or usual authority.



  • The duties of agents such as to obey instructions, to act with care and skill, to act in good faith and loyalty, to avoid conflicts of interest, to account for money and property, etc.



  • The rights of agents such as to receive remuneration, to be indemnified or reimbursed for expenses or losses incurred in the course of agency, to exercise lien over the principal's property in their possession until paid their dues etc.



  • The liabilities of agents such as to the principal for breach of duty or contract; to the third party for misrepresentation or fraud; or to both the principal and the third party for exceeding their authority or acting without authority.



  • The termination of an agency relationship such as by agreement; by performance; by revocation; by renunciation; by death; by insanity; by bankruptcy; by illegality; or by frustration.



Partnership law




A partnership is a business entity where two or more persons agree to carry on a business with a view to profit and share the profits and losses. Partnership law is the branch of law that governs the formation, management, dissolution, and liabilities of partnerships. Some of the topics that are discussed in the book are:



  • The definition and nature of a partnership such as its essential elements; its distinction from other business entities; its legal status; its types (general or limited); its duration (fixed-term or indefinite); etc.



  • The formation and registration of a partnership such as its requirements; its advantages and disadvantages; its effects on partners' rights and obligations; its registration under the Registration of Businesses Act 1956 or the Limited Liability Partnerships Act 2012; etc.



  • The relations among partners such as their rights and duties; their authority and liability; their management and decision-making; their admission and retirement; their dissolution and winding up; etc.



  • The relations between partners and third parties such as their contractual liability (jointly or severally); their tortious liability (jointly or jointly and severally); their fiduciary liability (for breach of trust or confidence); their statutory liability (under various laws); etc.



Company law




A company is a legal entity that is created by registration under the Companies Act 2016. It has a separate legal personality from its members (shareholders) and directors (managers). Company law is the branch of law that governs the incorporation, operation, regulation, and 71b2f0854b


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