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The MEE consists of six 30-minute essay questions that examines a candidate's ability to analyze legal issues and communicate them effectively in writing. In addition to the topics examined in the MBE, the MEE also covers business law, commercial law, conflicts of law, estates and probate law, and family law.
Commercial law (or business law), [1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities.
Business law consists of many different areas of law, including: contracts, the law of corporations and other business organizations, securities law, intellectual property, antitrust, secured transactions, commercial paper, income tax, pensions and benefits, trusts and estates, immigration law, labor law, employment law, and bankruptcy. It is a ...
The Model Business Corporation Act (MBCA) is a model act promulgated and periodically amended by the Corporate Laws Committee of the Business Law Section of the American Bar Association (Committee). The MBCA had been adopted by 36 states and other jurisdictions. [ 1 ]
CA Foundation is a partially subjective and a partially objective test comprising the following four papers: Paper-1: Accounting; Paper-2: Business Laws; Paper-3: Quantitative Aptitude; Paper-4: Business Economics; The first two papers are subjective while the latter two are objective. Each paper is worth 100 marks for a total of 400 marks. [2]
The Common Law Admission Test (CLAT) is a centralized national-level entrance test for admissions to the 25 out of 27 National Law Universities (NLU) except NLU Delhi and NLU Meghalaya. CLAT was first introduced in 2008 as a centralized entrance examination for admission to the National Law Schools/Universities in India.
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and in the ordinary course from a person, other than a pawnbroker, in the business of selling goods of that kind. A person buys goods in the ordinary course if the sale to the person comports with the usual or customary practices in the kind of business in which the seller is engaged or with the seller's own usual or customary practices.
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