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Engleza Juridica

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  1. Employment Law  – your sickness pay entitlement  is 30 days in any calendar year   – your anal holiday entitlement  is 25 days which cannot be carried over 2. Criminal law  – homicide  = a generic term or the !illing o another person  – murder  = the unlawul !illing o a person with intent  – parole  = a release rom preason beore the sentence is inished that depends on the  person #!eeping clean# and doing what he or she is supposed to do while out. $ the  person ails to meet the conditions the rest o the sentence must be served  – probation  = % !ind o punishment given out as part o a sentence which means that instead o &ailing a person convicted o a crime a iudge wiil order that the person reportsto an oicer regularly and according to a set schedule 'Lindsay Lohan(  – appellate  = reers to a higher court that can hear appeals rom a lower court  – court of appeal  = a court to which appeals are made on points o law resulting rom the  &udgements o a lower court  – appellee  = the person against whom an appeal is ta!n 'usually but not always the winner in the lower court()he procedure ocuses on several main themes*  – how on appeal  is to be brought beore the court  – normally leave to appeal  will be re+uested by the appellant 3. Civil law  – contracts  , this law covers promises that the law will enorce and remedies i a promise is breached  – debtor and creditor  , situations when one party is unable to pay monetary debt to another   – negotiable instruments  , #unconditioned writings# that promise or order the payment o i-ed amounts o money.  Drafts  and notes  are the main categories  – real estate transactions   )he agreernent to sell between a buyer and seller is governed  by the general principles o contract law. $t is nonnally re+uired that these types o contract be in writing  – sales   regulates every phase o a transacticin or the sale o goods and provides remedies or problems that may arise. $t provides or implied warranties o merchantability and itness  – secured transactions   )his interest arises when in e-change or a type o loan a  brorrower agrees in a security agreernent that a lender 'the secured party( may ta!e specitied collateral owned by the borrower i he should deault on the loanEach o the /hareholders represents to the other that it has ta!en all necessary other actions to enable him validity  to accept and perform  the obligations  re+uired under the terms o this %greement and that perormance o the provisions  o this %greement will not result in a breach  o or constitute a default  under any agreement or other contractual restriction binding  upon him.)he /hareholders undertake  with each other that they shall not without the prior written consent  o the other parties while a shareholder in the Company become involved in any business other than that o the Company and that they shall during such period use all reasonable endeavors to promote  the interests o the Company and devote  to its business such o their respective time and attention and resources  as are reasonably re+uired or the efficient  and proitable conduct  o the business o the Company. − bonus shares  = $ authoried by its articles a company may transer proits to a und called its #capital redemption reserve# and use it to issue these shares to the members in  proportion to their e-isting holdings. − Reserve capital  = )hat part o the share capital that the company has decided will only  be called up i the company is being wound up and or the purposes o it being wound up. − Authorized capital  = )he amount o share capital stated in the articles o association. − Uncalled capital  = )hat part o the issued capital on which the company has not re+uested payment. − Allotment of shares  = )he process by which people become members o a company. − Share capital = )he amount o share capital the company will have. − Paid-up capital = )he issued capital which has been ully or partly paidup by the shareholders. − Share premium = )he e-cess paid above a share#s nominal value. − Nominal value  = % company#s authoried share capital is divided into shares o a symbolic value. )he real value o the shares may change over time relecting what the company is worth but their symbolic value remains the same. − Issued capital  = )he value o the shares issued to shareholders i.e. the nominal value o the shares rather than their actual worth.  – disualification of directors  = % director ound to have conducted the aairs o an insolvent company in an #unit# manner may be dis+ualiied rom holding any management position in a company or between 2 and 15 years.  – Petition  = % written application to the court or relie or remedy.  – !ankrupt  = /omeone against whom a ban!ruptcy order has been made.  – inding-up  = )he procedure whereby the assets o a company 'or partnership( are gathered in and realied the liabilities met and the surplus i any distributed to members.  – #oing concern  = )he basis on which insolvency practitioners preer to sell a business. Eectively it means the business continues &obs are saved and a higher price is obtained.  – $omposition  = %n agreement between a debtor and his creditors whereby the creditors agree with the debtor between themselves to accepts rom the debtor payment o less than the amounts due to them in ull satisaction o their claim.  – %iuidator  = )he person appointed to deal with the assets and liabilities o the companyor partnership once the resolution to wind up has been passed or a compulsory windingup order has been made.  – Undischarged bankrupt  = someone against whom a ban!ruptcy order has been made and who has not been discharged rom ban!ruptcy  – compulsory liuidation  = )he placing o a company into li+uidation as a result o an application to the court usually by a creditor.  – Administration order  = % court order placing a company that is or is li!ely to become insolvent under the control o an administrator.  – &raudulent trading = here a company has carried on business with intent to deraud creditors or or any raudulent purpose.   – Insolvent  = )he state o not being able to pay one#s debts as they all due or having an e-cess o liabilities over assets.  – 'fficial receiver  = )he civil servant employed to head the regional oices whose responsibilities cover ban!ruptcies and compulsory li+uidations.  – Secured creditor = )he irst to be paid rom the secured assets.
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