Commercial and Business Organizations Law in Papua New Guinea

by Mugambwa; John

• ISBN13: 9780415425322
• ISBN10: 0415425328
• Edition: 1st
• Format: Hardcover
• Copyright: 2007-05-09
• Publisher: Routledge-Caven

Summary

A timely and apposite treatise on Papua New Guinea?s economic environment, this book explores business organizations law and various aspects of commercial law in Papua New Guinea in a readable and informative style. Business and commerce is the twin engine that propels the economy of a modern nation. They ensure steady economic growth and development. In an age of globalization, they assume even greater importance than at any time in human history. A nation risks being marginalized or left behind in the race for a share of the world economic market unless it ensures the stability of its business and commercial sector. Trade regulation, good governance and democratic institutions go hand in hand in guaranteeing political and social equilibrium. As such the laws designed to facilitate trade and commerce are a vital component of the political and social equation. This is a valuable book for law students, legal practitioners, accountants and business executives, not only within Papua New Guinea,but also in Australia and throughout the South Pacific.

Table of Contents

Foreword	p. ix
Acknowledgements	p. xi
Table of cases	p. xiii
Table of Papua New Guinean Statutes	p. xliii
Table of Statutes from Other Jurisdictions	p. xlix
Sale of Goods	p. 1
Introduction to the Law of Sale of Goods in Papua New Guinea	p. 3
Terms of the Contract of Sale of Goods	p. 13
Effects of the Contract of Sale of Goods	p. 34
Performance of the Contract of Sale of Goods and the Remedies	p. 55
Law of Agency	p. 85
Agency Law in Papua New Guinea	p. 87
Law of Banking	p. 121
Law of Banking in Papua New Guinea	p. 123
Company Law	p. 171
Introduction to Company Law in Papua New Guinea	p. 173
Capacity and Structure of Companies	p. 226
Directors' Duties	p. 273
Shareholder Remedies	p. 341
Corporate Liability	p. 379
Shares and Company Financing	p. 474
Receivership	p. 528
Liquidation	p. 562
Law of Other Business Organisations	p. 633
Partnerships Law in Papua New Guinea	p. 635
Law of Co-operatives	p. 683
Business Group Incorporation	p. 705
Index	p. 721
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