<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Legacy Law Books &#187; financial law</title>
	<atom:link href="http://www.legacybookshop.com/tag/financial-law/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.legacybookshop.com</link>
	<description>One Stop Law Books Destination</description>
	<lastBuildDate>Fri, 20 Aug 2010 06:12:33 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Law in the financial sphere</title>
		<link>http://www.legacybookshop.com/law-in-the-financial-sphere/</link>
		<comments>http://www.legacybookshop.com/law-in-the-financial-sphere/#comments</comments>
		<pubDate>Fri, 04 Dec 2009 08:19:09 +0000</pubDate>
		<dc:creator>cloud</dc:creator>
				<category><![CDATA[Business Law]]></category>
		<category><![CDATA[admiralty law]]></category>
		<category><![CDATA[commercial Law]]></category>
		<category><![CDATA[company laws]]></category>
		<category><![CDATA[dealing with law]]></category>
		<category><![CDATA[financial law]]></category>
		<category><![CDATA[insurance law]]></category>
		<category><![CDATA[sales law]]></category>

		<guid isPermaLink="false">http://www.legacybookshop.com/?p=76</guid>
		<description><![CDATA[There are many disciplines of law that govern and regulate matters in the financial sphere. Here are some of the important ones. Company Law - This branch of law has developed from the concept of the law of trusts. There is a principle where there is a clear separation between the ownership of property and [...]]]></description>
			<content:encoded><![CDATA[<p>There are many disciplines of law that govern and regulate  matters in the financial sphere. Here are some of the important ones.</p>
<p><strong>Company Law </strong>- This branch of law has developed from  the concept of the law of trusts. There is a principle where there is a clear  separation between the ownership of property and the control of property. The  company law of the modern times and as we see it today all started with the  Joint Stock Companies Act of 1856. This law was passed in the United Kingdom.  This law enabled all the investors to easily register themselves and then gain  a limited liability.</p>
<p><strong>Commercial Law &#8211; </strong>Is yet another branch of law which  deals with certain other issues like contract and property law under its  purview and control. There are many other legal subjects that full under its  regulation and these include law of agency, sales law, insurance law,  insolvency, bankruptcy law and  bills of  exchange as well. There are two main acts which have been crucial in the  formation of the modern commercial law that everyone deals with today. These  two acts are The UK Sale of Goods Acts and the US Uniform Commercial Code.  These two acts have the main principles that define the code of commercial law.</p>
<p><strong>Admiralty Law</strong> &#8211; Is called Law of the Sea and this  basically regulates the trading and transport across the seas and oceans of the  world. This law tries to regulate the traffic across the waters which are  outside the boundary and hence outside the control of the country. There is the  difference with the ordinary commercial law that the shipping companies operate  with. The admiralty law encompasses many other things as well and these include  salvage, maritime liens, and even damage done to passengers and so on. This is  basically a very wide ranging legal discipline which tries and regulates the  order of the water bodies which include the seas and the oceans.</p>
<p><strong>Intellectual Law</strong> &#8211; Comes into play when it tries to  protect the original work of the creators along with the work that they are  aiming to preserve. It is all about regulating intellectual property and all  the rights that come along with it. These include copyrights, trademarks,  patents, and related rights. All these arise in the industrial, literary,  artistic and other suchlike related fields.</p>
<p><strong>Restitution</strong> &#8211; Is the law which deals with the process  of giving back a certain object to its rightful owner as gain through the task  of recovery.</p>
<p><strong>Unjust enrichment</strong> &#8211; Is  another branch of civil law where if someone has gained or been enriched on an  unfair or unjust basis, then that particular transaction can be reversed or  revoked. This revoking can be done even if that transaction had no solid basis  to it. The unjust enrichment law is the third pillar of civil law and the other  two are contract and tort.</p>
<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save"><img src="http://www.legacybookshop.com/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Bookmark"/></a> </p>]]></content:encoded>
			<wfw:commentRss>http://www.legacybookshop.com/law-in-the-financial-sphere/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
	</channel>
</rss>
