LPC Law Notes Commercial and IP Notes
A collection of the best LPC Commercial and IP notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through twenty-nine LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short these are what we believe to be the strongest set of CLIP notes available in the UK this year. This collection of notes is fully updated fo...
The following is a more accessible plain text extract of the PDF sample above, taken from our Commercial and IP Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:
Commercial Intermediaries
Methods of getting products on the market:
selling directly to customers
Appointing an agent
Appointing a distributor
Licensing technology
Agency
Types |
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Key terms of A ag | Include the following |
Appointment | 3 x types
|
Remuneration | Paid via a number of mechanisms:
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Rights and duties of A |
(c) Regulations [see box below] |
Regulations
Who is commercial A to which Regs apply? | (1) w/in definition of A - defined Ref 2(1) as ‘self-employed intermediary who has continuing authority to negotiate the sale or purchase of goods on behalf of [P] or or negotiate and conclude the sale or purchase of goods on behalf or and in P’s name’
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Reg 3 - A’s duties |
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Reg 4 - P’s duties |
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Reg 6 - Remuneration |
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Nb. Regs 7, 8 and 9 are not mandatory and can be contracted out of expressly | |
Reg 7 - Commission during contract | A entitled to commission during contract when:
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Reg 8 - Commission after contract | A entitled to commission after contract when, Reg 8(a) and (b):
Nb common for P to exclude Reg 8 |
Reg 9 - apportioning commission between outgoing and new As | Apportionment of commission earned under reg 8 if ‘equitable’. |
Regs 10(2) and (3), 14-15 and 17-19 are mandatory | |
Reg 10(2) and (3) - When is commission due and payable? | Reg 10(2) - comm is due when P becomes liable for sum Reg 10(3) - comm is payable not later than the last day of the month following the quarter in which it became due |
Regs 14-15 - Minimum notice periods | Apply where A contract has indefinite term. Minimum notice periods apply as follows:
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Regs 17-19 - Indemnity OR compensation payable on termination |
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Buy the full version of these notes or essay plans and more in our Commercial and IP Notes.
A collection of the best LPC Commercial and IP notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through twenty-nine LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short these are what we believe to be the strongest set of CLIP notes available in the UK this year. This collection of notes is fully updated fo...
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