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BUSINESS LAW

BUSINESS LAW. MID-TERM EXAM REVISION. What can be brought into the Exam?. Legal Text Materials Paper Dictionary Personal Notes. What cannot be brought into the Exam?. Electronic Dictionary Powerpoint Slides. Mid-term Exam: Content & Time. Contents :

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BUSINESS LAW

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  1. BUSINESS LAW MID-TERM EXAM REVISION

  2. What can be brought into the Exam? • Legal Text Materials • Paper Dictionary • Personal Notes What cannot be brought into the Exam? • Electronic Dictionary • Powerpoint Slides

  3. Mid-term Exam: Content & Time • Contents: • Part 1: ‘True/False’ / ‘Fill in the blank’ questions & Multiple Choice Questions • Part 2: 2 Case Study Questions • Time: • Reading & Writing time: 90 minutes

  4. Content weight? • Part 1(MCQ): 40% • 20 questions in total • 2 marks for each question • Part 2 (Case Study): 60% • 2 Cases in total • 30 marks for each case • Total: 100%

  5. Part I & II • Select and write your answers in the exam question sheets first • Then transfer your final answers to the answer sheets • Be confident with your choices! • Remember the time!

  6. Part I & II • Topics covered: • Nature of Business Law and Business Entity • Business household/individual • Private enterprises • Limited Liability Companies • Shareholding companies • Partnership • Reorganization

  7. Part II. Case Study • Outline to answer case study: • http://iulaw.wordpress.com/2012/03/18/preparation-for-mid-term-exam/ • 1. Outline legal issue(s) • 2. State relevant laws • 3. Application • 4. Conclusion

  8. Tips for Case Study • Strictly follow the 4-step outline, why? • It helps you to keep track of your answer • Saves you time • Your answer format will look better and it will be clearer to the examiners

  9. Tips for Case Study • Do not use the white-out • Read the question carefully • Highlight the keywords/information • Choose your side and stick with it • Remember to reference the relevant laws • Consider your timing • Consider your wording • Be confident in yourself

  10. Case Study 2 Mr.Nam is a founding shareholder of Minh Nam Co. - a shareholding company trading rubber that has been established since October 2010. Mr.Nam personally holds 25% of the company’s ordinary shares and a small amount of voting preference shares. In 2012, Mr.Nam wants to reside in USA with his family permanently; he plans to sell all his shares (both ordinary and voting preference shares) to others before leaving the country. Mr.Nam comes to seek your advice on how he may do so?

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