Business Law Bargains (transactions)
Content: • Objects of civil rights • Bargains
Objects of civil rights • Property • Non-property values
Property • • Things Money Securities Works Services Material result of intellectual activity Trademarks etc.
Non-property values • • • Life Health Dignity Honor Good name Business reputation Inviolability of private life Right for the name etc.
Things • • Movable and immovable Dividable and undividable Compound and simple Main thing and accessories Consumable and inconsumable Fruits and profit Animals
Bargains • Bargains are the actions of the citizens and legal entities which are aimed on establishing, changing or cancelling of civil rights and obligations
Types of bargains • Unilateral • Bilateral • Multilateral
Forms of bargains Oral Written (art. 152) With notary Without notary
Grounds of invalidity • Form • Content • Parties
Defect of form • Without license • Written form • Notary form
Defect of content • Unfair competition • Bad faith agreement between the two parties • Committed by a legal entity and contradicts with its aims.
Defect of party – Committed by a person under 14 – Committed by a person of 14 -18 without parent’s consent – Committed by deeds incapable person with the mental disease – Committed by capable, but who could not realize what he does – Delusion – Fraud, violence, threat
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