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1、Chapter 11Business LawWhat is business law?p103, 1st para.,2nd lineTypes of lawCommon lawStatutory lawRegulatory lawCommon law 普通法,不成文法Common law are laws made by _ and is also referred to as _ law or _ law.Words & expressions:p103, 2nd line from the last: rule onStatutory law 成文法Statutory law i

2、s established by _ and is also called _ law.Words & expressions:1. federal: e.g. Federal Bureau of Investigation2. conform to3. take precedenceRegulatory law 管理法Regulatory law is created by _ and is also called _ law.Words & expressions:empower sb. to do sth.Contract law 合同法What is a contrac

3、t?The five elements of a contract are: 1. lawful purpose,2. competency of parties,3. voluntary agreement,4. consideration, 约因,对价5. proper form.Words & expressions:1. p104 comply with: cf. abide by2. p105 “meeting of the minds”3. p106 breach of contractdraft/draw up a contractmake out a contractp

4、erform/fulfill/ honor a contractterminate a contractcancel a contractbreak/violate a contract4. be guilty of5. damages 损害赔偿金Imports & exportsshipmentsTort law 侵权法What does “tort” mean?negligence tort 过失侵权intentional tort 故意侵权product liability tort 产品责任侵权Words & expressions:1. result in2. res

5、ult fromProperty law 财产法Types of property:1. tangible real property 有形不动产2. tangible personal property 有形动产3. intangible personal property 无形动产intellectual property 知识产权Words & expressions:1. tangible/intangible2. COD 货到付款 CBD 付现提货3. FOB 船上交货价; 离岸价 CFR 成本加运费价 CIF 成本运费加保险费价;到岸价Intellectual proper

6、tyIntellectual property includes _, _ and _.Explain them respectively.Warranty 保证书What is a warranty?expressed warranty 明示保证implied warranty 暗示(默示)保证The most common implied warranty is _.Words & expressions:1. p109 back up2. p110 spell out3. be entitled to sth.Negotiable instruments 可流通票据,可转让票据N

7、egotiable instruments include _, _, _, _, etc.What is endorsement 背书?The four forms of endorsement are _, _, _ and _.1. Blank endorsement 空白背书,不记名背书2. Restrictive endorsement 限制性背书3. Special endorsement 记名背书,正式背书4. Qualified endorsement 有条件背书,无追索权背书Words & expressions:1. p110 on demand 经要求,见票即付2

8、. payable to order 应付指定人3. bearer 持票人4. endorser 背书人5. p111 default 违约,拖欠债务6. to cash7. for deposit only 仅限转账8. pay to the order of sb. 付给指定人Agency law 代理法There are two parties in the relation of agency: _ and _.Words & expressions:1. principal2. power of attorney 委托书3. express authority 明示权限 implied authority 默示权限4. terms of reference 职权范围Business bankruptcyA petition for bankruptcy can be filed by the _ or by its _.Voluntary bankruptcy 自愿破产Involuntary bankruptcy 强制破产Many creditors would rather work out an _ o

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