Business Law ( Brief a small case)

Topic : Business law

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14th July 2010

Introduction

The current business operations have been faced with a lot of challenges ranging from legal , competition to environmental factors . Due to some individuals and companies desire to outdo their competitors in the business arena , they have negatively interfered with the internal operations of other businesses . In this regard , the affected companies have taken legal steps which are aimed at being compensated for damages In addition , use of courts to solve disputes has

been one of the avenues through which judges creates a precedent which act as the guideline to be followed in future related cases . This paper seeks to analyze the case between Ivor and Justin which took place in County court , one of the small claims court

As mentioned earlier the case comprised of two parties including Ivor who was the claimant and Justine , the defendant . One of the particulars of the claim stated that Ivor lent Justin ?900 in order to assist him to settle his electricity bill . The period of the repayment was 14 days . In addition , the claimant was entitled for 8 interest on the money lent However , the defendant has not repaid the money to the claimant despite a continuous remainder by the claimant in the form of written as well as verbal communication . The claimant therefore took this legal step in order to recover ?912 which included the sum lent to the defendant and the interest . Likewise , he wanted...