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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 _____
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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
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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
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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.
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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
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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)
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