admin管理员组

文章数量:1531441

2024年1月22日发(作者:)

Exercise I (A) Fill the following words or phrases in the blanks.

based on bound by codified custom disputes legislation

non-criminal precedents provisions rulings

The term ‘civil law’ contrasts with both ‘common law’ and ‘criminal law’. In the first sense of the term, civil

law refers to a body of law______ written legal codes derived from fundamental normative principles. Legal

______ are settled by reference to this code, which has been arrived at through ______. Judges are______

the written law and its _______.

In contrast, common law was originally developed through _____, at a time before laws were written down.

Common law is based on _____ created by judicial decisions, which means that past ____ are taken into

consideration when cases are decided. It should be noted that today common law is also ______, i.e. in

written form.

In the second sense of the term, civil law is distinguished from criminal law, and refers to the body of law

dealing with _____ matters, such as breach of contract.

(B) attaches(x2) crystallizes defaults has make owns seize sell

Security/quasi-security: Security gives a creditor the legal right in property owned by the debtor, i.e. the

right to _____ and _____ the debtor’s property if the debtor _____ in repayment. However, in the case of

quasi-security, the creditor typically _____ the property in question, while the debtor only _____ possession

of it.

Fixed charge/floating charge: While a fixed charge _____ to the property in question as soon as the charge

is created, a floating charge ____only when it ____, for example as a result of a failure to_____ a payment at

the proper time.

Exercise II Read the text and Fill in the blanks with preposition or conjunction by the context.

A company is a business association which has the character _____ a legal person, distinct ______ its

officers and shareholders. This is significant, _____ it allows the company to own property _____ its own

name, continue perpetually despite changes in ownership, and insulate the owners _____ personal liability.

However, in some instances, for example when the company is used to perpetrate fraud or acts ultra vires,

the court may ‘lift the corporate veil’ and subject the shareholders ____ personal liability.

By contrast, a partnership is a business association which, strictly speaking, is not considered to be a legal

entity, but, rather, merely an association ____ owners. However, in order to avoid impractical results, such as

the partnership being precluded _____ owning property ____ its own name, certain rules of partnership law

treat a partnership as if it were a legal entity. Nonetheless, partners are not insulated ______ personal liability,

and the partnership may cease to exist _____ a change in ownership, for example, when one of the partners

dies.

A company is formed ____ the issuance of a certificate of incorporation by the appropriate governmental

authority. A certificate of incorporation is issued ______ the filing_____ the constitutional documents of the

company, together ____ statutory forms and the payment ____ a filing fee. The ‘constitution’ of a

company consists of two documents. One, the memorandum of association, states the objects of the

company and the details of its authorized capital, otherwise known ___ the nominal capital. The second

document, the articles of association(bylaws in US), contains provisions ____ the internal management of

the company, for example, shareholders’ annual general meetings, or AGMs, and extraordinary(or special)

general meetings, the __board of directors,__________ corporate contracts and loans.

The duties owed by directors ____ a company can be classified_____ two groups. The first is a _____(注意义务) and the second is a______(忠实义务). The first duty requires that the directors must exercise the care

of an ordinarily prudent and diligent person ____ the relevant circumstances. The second duty stems _____

1

the position of trust and responsibility entrusted _____directors. This duty has many aspects, but, broadly

speaking, a director must act _____(in)the best interests of the company and not_______(for) any collateral

purpose. However, the courts are generally reluctant to interfere, provided the relevant act or omission

involves no fraud, illegality or conflict ____ interest.

Finally, a company’s state of health is reflected ____ its accounts, including its balance sheet and

profit-and-loss account. Healthy profits might lead _____ bonus or capitalization issue ___ the

shareholders. On the other hand, continuous losses may result _____ insolvency and the company going

_____ liquidation.

Exercise III The following text is contract form, which is often used by lawyers at the formation stage of as

contract. Read the text more carefully. What kind of agreement is it? What types of clauses are 2b,3,5 and 6?

Find the verbs, italicized in the text, and explain these verbs in the context.

NON-COMPETITION AGREEMENT OF SHAREHOLDER OF SELLER IN CONNETCTION WITH

SALE OF ASSETS

COVENANT NOT TO COMPETE

This COVENANT NOT TO COMPETE( this ‘Covenant’), dated as of __, 2011, is made and entered into by

and between XX(‘shareholder’) and YY, a corporation(‘Purchaser’), with reference to the following

facts:

A ________, ________ corporation(‘Seller’), and Purchaser are parties to that certain Asset Purchase

Agreement, dated as of ___, 2011(as amended, supplemented or otherwise modified from time to time, the

‘Purchase Agreement’), pursuant to which Purchaser agreed to purchase business owned and operated by

Seller located at _____(‘the Business’). Unless otherwise noted, capitalized terms used herein shall have the

meanings ascribed to them in the Purchase Agreement.

B Shareholder owns all of the issued and outstanding capital stock of Seller.

C Shareholder, during the course of ownship and operation of the Business, has acquired numerous

business contacts among the public, financial institutions and _____ industry employees.

D Purchaser shall expend a considerable amount of time, money, and credit with respect to the purchase

and operation of the Business.

E Purchaser does not desire to expend such time, money, and credit and then subsequently compete with

Shareholder in the business of ____.

F It is a condition precedent to the closing of the transactions contemplated by the Purchase

Agreement(‘the Closing’), that Shareholder execute and deliver this Covenant and that Purchaser pay

Shareholder certain amounts at Closing, all as more fully described below.

THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt

and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

1 For a period of ____ years from the date hereof, Shareholder shall not have any controlling ownership

interest(of record or beneficial) in, or have any interest as a director, principal executive officer, key

employee, agent or consultant in, any firm, corporation, partnership, proprietorship, or other business that

engages in any of the following activities within a ____ mile radius of the Business’s current location

[describe].

2 Additionally, Shareholder shall:

a not refer prospective purchasers or lessees of ____ in ____, other than the Business; and

b subject to any obligation to comply with any law, rule, or regulation of any governmental authority of

other legal process to make information available to the person entitled thereto, keep confidential and shall

2

not use or permit his attorneys, accountants, or representatives to use, in any manner other than for the

purpose of evaluating the transactions contemplated by the Purchase Agreement, any confidential

information of Purchaser which Shareholder acquired in the course of the negotiation of the transactions

contemplated by the Purchase Agreement.

3 As consideration for the agreements of Shareholder set forth in Section 1 and 2 above, Purchaser shall, at

the Closing, deliver to Shareholder $___ by wire transfer of immediately available funds in such amount to

a bank account designated by Shareholder.

4 The term of this Agreement shall be ____ months, commencing on the date hereof.

5 In the event that any provision of any part of any provision of this Agreement shall be void of

unenforceable for any reason whatsoever, then such provision shall be stricken and of no force and effect.

However, unless such stricken provision goes to the essence of the consideration bargained for by a party,

the remaining provisions of this agreement shall continue in full force and effect, and to the extent required,

shall be modified to preserve their validity.

6 In the event of any litigation or legal proceedings between the parties hereto, the non-prevailing party shall

pay the expenses, including reasonable attorneys’ fees and court costs, of the prevailing party in connection

therewith.

Agreed to as of this _____ day of _____,2011.

Shareholder_______

‘PURCHASER’___________

BY_________

Its_________

Exercise V The concept of damages is central to the topic of contract remedies. Damages can be defined as

‘money awarded by a court in compensation for loss or injury’, should not be confused with damage

denoting ‘loss or harm actionable in law’. After reading the text, find a synonym for damages in the second

paragraph and match these types of damages(1-7) with their definitions(a-g)

When there has been a breach of contract, the non-breaching party will often seek remedies available under

the law. This area of the law, known as ‘remedies’, is a broad area, but can be summarized generally.

Most remedies involve money damages, but non-monetary relief is also available in some cases. The basic

remedy for breach of contract in the Anglo-American legal system is pecuniary compensation to an injured

party for the loss of the benefits that party would have received had the contract been performed. Some

examples of this kind of remedy include expectation damages or ‘benefit of the bargain’ damages. Certain

damages are recoverable regardless of whether the loss was foreseeable, while the recovery of other

damages hinges on foreseeability. Where the damage is the direct and natural result of the breach, the

breaching party will be held liable to pay damages for such without regard to the issue of foreseeability.

When lawyers plead these damages in court, they commonly refer to general damages. However, where the

damage arises due to the special circumstances related to the transaction in question, damages are limited by

the foreseeability rule, which states that they are only recoverable when it can be established that the

damage was foreseeable to the breaching party at the time the contract was entered into, When lawyers plead

these damages in court, they commonly refer to special or consequential damages.

Where it is not possible to prove expectation damages, the non-breaching party can seek reliance damages,

where the compensation is the amount of money necessary to compensate him for any expenses incurred in

reasonable reliance on the contract. The non-breaching party is thus returned to the status quo ante with no

profit or benefit from the contract.

Another measure of damages is restitution damages, which compel the breaching party to give up any

3

money benefit it obtained under the breached contract. Restitution damages are, for example, awarded when

one party(the breaching party) completely fails to perform its obligations under the contract.

The parties to a contract may, however, agree at the time they enter into the contract that a fixed sum of

money shall be awarded in the event of a breach or to a formula for ascertaining the damages or for certain

other remedies, e.g. right of repair. This type of damages is known as liquidated damages or stipulated

damages.

In some cases, a party will be able to obtain punitive or exemplary damages through the court which are

designed to punish the breaching party for conduct which is judged to be particularly reprehensible, e.g.

fraud. This type of damages is normally only awarded where specifically provided by statute and where a

tort in some way accompanies the breach of contract.

Where monetary damages would not be an adequate remedy, such as in a case where two parties enter into a

real-estate contract and the seller decides to sell to a third party, the court may order specific performance.

Specific performance involves an order by the court compelling the breaching party to perform the contract.

Finally, there are other remedies available; for example, if there has been a default by one party, the other

party may rescind or cancel the contract. This constitutes an undoing of the contract from the very beginning.

In addition, legislation such as sale of goods legislation also allows for various remedies, including a right to

reject goods in certain cases and a right to return or demand rapair or replacement. (toles 14,p79)

a compensation agreed upon by the parties and set forth in the contract that must be paid by one or the

other in the event that the contract is breached.

b compensation determined by the amount of benefit unjustly received by the breaching party

c compensation for losses which are as a result of special facts and circumstances relating to a particular

transaction which were foreseeable by the breaching party at the time of contract

d compensation seeking to put the non-breaching party in the position he would have been had the contrat

been performed

e compensation for a loss that is the natural and logical result of the breach of contract

f compensation imposed by the court to deter malicious conduct in the future

g compensation necessary to reimburse the non-breaching party for efforts expended or expenses incurred in

the reasonable belief that the contract will be performed

1 expectation damages/’benefit of the bargain’ damages 2 general/actual damages

3 liquidated/stipulated damages 4 reliance damages 5 restitution damages

6 special/consequential damages 7 punitive/exemplary damages

Exercise VI The text is an excerpt from a lease, setting forth the statutory conditions applying to the lease.

Read it and complete the spaces using these subheadings.

a Abandonment and termination b Sub-letting premises c Entry of premises d Entry doors e

Conditions of premises f Services g Good behaviour h Obligation of the tenant

STATUTORY CONDITIONS

The following statutory conditions apply:

1 ____ The landlord shall keep the premises in a good state of repair and fit for habitation during the

tenancy and shall comply with any statutory enactment or law respecting standards of health, safety or

housing.

2 (a)_____ Where the landlord provides a service or facility to the tenant that is reasonably related to the

tenant’s continued use and enjoyment of the premises such as, but not as to restrict the generality of the

foregoing, heat, water, electric power, gas, appliances, garbage collection, sewers or elevators, the landlord

shall not discontinue providing that service.

4

2 (b)_____ The tenant shall be responsible for the ordinary cleanliness of the interior of the premises and

for the repair of damage caused by willful or negligent act of the tenant or of any person whom the tenant

permits on the premises.

4 ______ The tenant may assign, sub-let or otherwise part with possession of the premises subject to the

consent of the landlord which consent will not arbitrarily or unreasonably be withheld or charged for unless

the landlord has actually incurred expense in respect of the grant of consent.

5 _____ If the tenant abandons the premises or terminates the tenancy otherwise than in the manner

permitted, the landlord shall mitigate any damages that may be caused by the abandonment or termination to

the extent that a party to a contract is required by law to mitigate damages.

6 _____ Except in the case of an emergency, the landlord shall not enter the premises without the consent

of the tenant unless:

(a) notice of the termination of the tenancy has been given and the entry is at a reasonable hour for the

purposes of exhibiting the premises to prospective tenants or purchasers; or

(b) the entry is made during daylight hours and written notice of the time of the entry has been given to the

tenant at least twenty-four hours in advance of the entry.

7______ Except by mutual consent, the landlord or the tenant shall not during occupancy by the tenant

under the tenancy alter or cause to be altered the lock or locking system on any door that gives entry to the

premises.

Exercise VII fill the blanks with a word to collocate with the words in the sentence, which is usually

used in the legal context initial letter of that word is given.

1. This a_______(adjective) can come before discharge, majority, monopoly, privilege, right and

title.(answer: absolute)

2. This a_______(verb/noun) can come before the words your authority, of power, of process and of human

rights.

3. This a_______(noun) can come before the expressions in personam, in rem and in tort, and after the

expression to take legal.

4. This a_______(adjective) can come before outcome, party, possession and witness.

5. This a_____(noun) can come before agreement, award, board and clause, and also after the expression to

submit a dispute to, to refer a question to, to take a dispute to and to go to.

6. This b_____(noun) can come before the expression of confidence, of contract, of promise, of the peace, of

trust and of warranty, and between the preposition in + of.

7. This c_____(noun) can come before allowance, assets, crime, expenditure, gains, goods, levy, loss and

punishment, and in the expression to make political _____ out of something.

8. This a_____(noun) can come before the expressions of approval, of deposit, of incorporation, of judgment,

of origin, of registration, of registry and of service.

9. This c_____(adjective) can come before the words action, court, disobedience, disorder, law, liberties

rights and strife.

10. This c_____(adjective) can come before the words assault, carrier, land, la, ownership, position, pricing

and seal, and after the expression tenancy in.

11. This c_____(noun) can come before the words fund, order, and package, and before the expressions of

damage, for loss of office and for loss of earnings.

12. This c_____(noun) can come before the words confidence, council, credit, goods, group, legislation and

protection.

13. This c_____(noun) can come before the words law, note and work, before the expressions of

5

employment, of service and under seal, after the word under, and after the expressions by private and to void

a.

14. This c_____(noun) can come before the words action, case and order, before the expressions of appeal,

of first instance, of last resort and of law, after the words open, criminal and civil, and after the expressions

out of and to take someone to.

15. This c_____(noun) can come before the words act, action, bankruptcy, court, damage, law, libel,

negligence, offence, record and responsibility, and after the words hardened and habitual.

16. This c_____(noun) can come before the words barrier, clearance, declaration, duty, examination,

formalities, officer, seal, tariffs and union, before the expression and Excise, and after the expression to go

through.

17. This d_____(noun) can come before the words counsel, statement and witness, before the expression

before claim and after the expression to file a.

18. This d_____(noun) can come before the words abuse, addict, addiction, baron, czar, dealer, runner, squad

and trafficking, and after the classification expressions Class A, Class B and Class C.

19. This f_____(adjective) can come before the words conveyance, misrepresentation, preference, trading

and transaction.

20. This f_____(noun) can come before the expressions of assembly, of association, of information, of

movement, of speech, of the press and of thought, conscience and religion.

21. This i_____(noun) can come before the words documents, papers, parade and theft, after the word false,

and after the expressions to change your, to be asked for proof of and a case of mistaken.

22. This i_____(adjective) can be used before the words contract, malice, term and trust, and before the

expression terms and conditions.

23. This a_____(adjective) can be used before the words accident, development, dispute, espionage, injury,

property, relations and tribunal, and before the expression arbitration tribunal.

24. This j_____(adjective) can be used before the words account, beneficiary, committee, discussions, heir,

liability, management, owner, ownership, signatory, tenancy and tortfeasors, and before the expressions and

several, and several liability and commission of inquiry.

25. This j_____(noun) can come before the words creditor, debtor, and summons, before the expression by

default, after the expressions to pronounce, to enter and to take, and in the expression to give your… on

something.

26. This j_____(adjective) can come before the words immunity, notice, precedent, processes, review and

separation. In Britain, it can come before the expressions Committee of the House of Lords and Committee

of the Privy Council.

27. This j_____(noun) can come before the words box, room, service, and vetting, after the expression

foreman of the, and in the expression to be called for … service.

28. This l_____(noun) can come before the expressions before action, of acknowledgement, of allotment, of

application, of appointment, of attorney, of complaint, of credit, of demand, of indemnity, of intent, of

reference, of renunciation and of request.

29. This l_____(adjective) can come before the words liability, market, partner, partnership and warranty,

and before the expression liability company.

30. This n_____(adjective) can come before the words earnings, estate, gain, price, profit, result and worth.

2 abuse; action adverse arbitration breach capital certificate civil common compensation consumer contract

court criminal customs defence drug fraudulent freedom identity implied industrial joint judgment(also spelt

judgment) judicial jury letter limited net(also spelt nett)

6

7

8

本文标签: 练习题注意法律义务