week 1 commercial law - introduction & chapter 1.ppt

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  • 8/16/2019 Week 1 COMMERCIAL LAW - Introduction & Chapter 1.ppt

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    RANACO EDUCATION & TRAINING

    INSTITUTE

    LAW 243 COMMERCIAL LAW 

    LAW 243

    COMMERCIAL LAW

    1

    COURSE OUTCOME

    CO1. Students should be able to understand the principles of law

    and regulations affecting business transaction ( PO 1 )

    CO2. Students should be able to have the knowledge by relating tothe current cases at court ( PO 1 PO ! )

    C"#. Students should be able to understand the ter$ used in the

    legal environ$ent of business ( PO 1 PO % )

    CO&. Students should be able to i$ple$ent theoretical conceptinto real cases ( PO % PO ! )

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    LAW 243 COMMERCIAL LAW 

    CHAPTER 1

    MALAYSIAN LEGAL SYSTEM

    1.1 'efinition of law1.2 Classification of law1.# Sources of alaysian law1.& udicial syste$ in alaysia

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    LESSON OUTCOME

    *y the end of this chapter students should be able to+

    1.'efine the word ,law-

    2.now the classification of law and its co$ponents in brief #./dentify the sources of alaysian law

    &.0nderstand the udicial syste$ in alaysia

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    LAW 243 COMMERCIAL LAW 

    SUBTOPIC 1:

    DEFINITION OF LAW

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    1.1 Definii!n !f "#$

    5

    A%i&i':

    B(#in)!(*hat co$es to

    your $ind when

    you heard theword

    3aw4

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    + O,f!(- Di%i!n#(':

      Te )')e* !f (/"e) $i% #0#(i%/"#( %!/n(' !(

    %!**/ni' (e%!nie) #)(e/"#in e #%i!n) !f i)*e*e() #n- $i% i *#'enf!(%e ' e i*0!)ii!n

    0en#"ie).

    6Source+ O8ford dictionary

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    + Si( !n S#"*!n-5167281924:

    Te !-' !f 0(in%i0"e)

    (e%!nie- #n- #00"ie- '

    e )#e in e

    #-*ini)(#i!n !f ;/)i%e.

    7Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

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    LAW 243 COMMERCIAL LAW 

    SUBTOPIC 2:

    CLASSIFICATION OF LAW

    8

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    1.2 C"#))ifi%#i!n !f "#$

    LAW

    Public law

    (individual+state)

    International law

    (state+state)

    Private law

    (individual+individual)

    Constitutional

     law

    Criminal

    law

    Public

     international

     law

    Private

    International

     law

     e.g. Law of

    contract

    e.g. Law

    Of trust

    9

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    P/"i% "#$ :

    • 6he law which governs the relationship between individuals and the

    state.

    • Public law $ay be further subdivided into two categories i.e.

    constitutional law and cri$inal law.

    • Constitutional law lays down the rights of individuals in the state. /tdeals with ;uestions such as supre$acy of Parlia$ent and rights of

    citi

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    Ine(n#i!n#" "#$:• 6he law which governs the relationship between state and

    state.

    • /t $ay be subdivided into two categories+

    1. Public international law

    2. Private international law.

    Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

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    P(ie "#$:

    • Private law concerned with $atters that affect the rights and

    duties of individuals a$ongst the$selves.

    12

    Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

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    LAW 243 COMMERCIAL LAW 

    SUBTOPIC 3:

    SOURCES OF MALAYSIAN LAW

    13

    RANACO EDUCATION & TRAINING

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    LAW 243 COMMERCIAL LAW 

    1.3 S!/(%e) !f M#"#')i#n "#$

    6he $ain sources of alaysian law are+

    =. ritten law (also referred to as statute law)+

    1. :ederal Constitution

    2. State Constitution

    #. 3egislation

    &. Subsidiary legislation

    *. 0nwritten law+

    1. 7nglish law2. udicial decision

    #. Custo$ary law

    C. /sla$ic law

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    A. WRITTEN LAW

    1. Fe-e(#" C!n)i/i!n+

    > Supre$e law of alaysia

    > Provides the powers of the:ederal 9 State ?overn$ents

    > Provides funda$entalrights of individual

    15Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

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    2. S#e C!n)i/i!n:

    > @egulates State ?overn$ents

    > Contains provisions derived fro$ Ath schedule of the

    :ederal Constitution

    3. Lei)"#i!n:

    > enacted by Parlia$ent and the state asse$blies

    • =ct+ laws $ade after 1B!

    • Ordinances+ > laws $ade 1B&%>1B!

      > laws in Sarawak 

    Source+ 3ee ei Phen 9 /van eron 'etta Co$$ercial law O8ford :a ar 2"11.

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    4. S/)i-i#(' "ei)"#i!n:

    8 3aws $ade under any =cts 7nact$ents orOrdinances

    > Dery i$portant because specify the laws in $ore detailand for everyday $atters

    > 78a$ple+

    Parent =ct ($ain law) + Eire>Purchase =ct 1B!Subsidiary 3egislation + Eire>Purchase(@epossession) @egulation> Subsidiary legislation $ade in contravention of either a parent =ct or the Constitution is void.

    Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

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    B. UNWRITTEN LAW

    18

    1. En"i) "#$:

    > =pplicable in the absence of local laws

    > Suitable to local circu$stances

      En"i) C!**e(%i#" L#$<

    • Section (2) of the Civil 3aw =ct 1B% 7nglish co$$ercial lawapplies to Penang alacca Sabah 9 Sarawak 

    • /f no local laws applicable• 6oday $any local laws dealing with co$$ercial $atters

    e.g. Contracts =ct 1B" Partnership =ct 1B%1 Co$panies =ct1B%

    Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

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    2. /-i%i#" -e%i)i!n):

    > udgeFs decision

    > Doctrine of binding precedent +

     5ot decide cases arbitrarily> $ust follow precedents(previous decisions of si$ilar situations). 7ach court is

     bound by the decisions of courts of the sa$e level or

    higher than it in the sa$e hierarchy of courts whether or

    not it believes a decision is correct.

    Source+ 3ee ei Phen 9 /van eron 'etta Co$$ercial law O8ford :a ar 2"11.

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    3. C/)!*#(' "#$:

    > Custo$s practiced by local people

    > ?enerally custo$s relating to fa$ily law are given

    legal force by courts in alaysia>$arriage divorce

    inheritance

    > Sabah and Sarawak+ native custo$ary laws apply

    > Peninsular alaysia+

      =dat Perpatih > alays in 5egeri Se$bilan 9 5aning in

    elaka

      > land lineage election of rulers

      =dat 6e$enggung > $any states

      > fro$ Pale$bang Su$atra

    Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

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    C. ISLAMIC LAW

    21

    • applicable to usli$s only does not apply to non usli$s

    • fa$ily $atters ($arriage and divorce)

    • estate $atters (inheritance wasiat)

    Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

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    SUBTOPIC 4:

    UDICIAL SYSTEM IN MALAYSIA

    22

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    1.4 /-i%i#" )')e* in M#"#')i#

    FEDERAL COURTFEDERAL COURT

    COURT OF APPEALCOURT OF APPEAL

    High Court in MalayaHigh Court in MalayaHigh Court inHigh Court in

    Sabah & S’waSabah & S’wa

    S!""ion" CourtS!""ion" Court

    Magi"trat!"’ CourtMagi"trat!"’ Court

    P!nghulu’" CourtP!nghulu’" Court

    Syariah CourtSyariah Court

    S!""ion CourtS!""ion Court

    #ati$! Court#ati$! Court Syariah CourtSyariah Court

    Magi"trat!"’ CourtMagi"trat!"’ Court

    %u$!nil! Court %u$!nil! Court

    23

    Source+ 3ee ei Pheng 9 /van eron 'etta Co$$ercial law O8ford :aar 2"11.

    ASSIGNME

    NT

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    #. 0nwritten law also referred to as statute law (6rue G :alse)

    &. /n Perak alacca Sabah and Sarawak 7nglish co$$ercial

    law at the date on which the $atter has to be decided is

    applicable in the absence of local legislation (6rue G :alse)

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    . udge decides cases arbitrarily without refer to decided

    cases (6rue G :alse)

    %. 6he following state$ents are true e8cept+

    a. :ederal Constitution provides funda$ental rights of

    individual

     b. udge $ust follow precedents (previous decisions of

    si$ilar situations)

    c. 7nglish law applicable in the absence of local

    laws eventhough not suitable with local

    circu$stances

    d. State Constitutions contains provisions derived

    fro$ Ath schedule of the :ederal Constitution

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    !. Subsidiary legislation $ade in contravention of either a parent =ct or the Constitution is voidable (6rue G :alse)

    A. Private law is the law which governs the relationship between individuals and the state (6rue G :alse)

    B. Public law is the law which governs the relationship betweenstate and state (6rue G :alse)

    1". Public law $ay be further subdivided into 2 categories+constitutional law and cri$inal law (6rue G :alse)

    RANACO EDUCATION & TRAINING

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    INSTITUTE

    LAW 243 COMMERCIAL LAW 

    THAN? YOU@

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