Commercial Transactions

Description

INSURANCE 4 Definition of Insurance Contract 4 Duty of Good Faith 6 Duty of Disclosure 7 Remedies for Non-Disclosure 13 General Insurance 13 Misrepresentation 15 Exclusion Clauses 18 Provisions of the Insurance Contract Act 1984 20 Third Party Beneficiaries (“TPB”) 20 Expiry, Renewal and Cancellation of Insurance Contracts 22 CREDIT LAW 27 Responsible lending conduct 28 The National Credit Code (“NCC”) 31 Personal Property Securities Legislation (“PPSA”) 35 Enforceability, attachment and perfection of security interests 37 Priority between security interests 39 Enforcement of Security Interests 43 Personal Property Securities Register 44 AGENCY 45 Capacity to Act as Principal and Agent 45 Classification of Agents 46 Agency arising by cohabitation 48 Duties of the Agent 51 Rights and Liability of Agents 52 BAILMENT PART I 55 Sub-bailment 57 Categories of Bailment 57 BAILMENT PART II 61 Nature and Classification of Bailments 61 Duties of a Bailee 62 Duties of a gratuitous Bailee 63 Liability of Bailee for employees and agents 63 Sub-bailments 64 Duties of a Bailor 64 CORPORATE INSOLVENCY 65 Bankruptcy 78 DISCHARGE FROM BANKRUPTCY 132