BUSINESS LAW

Unit 1
WORD ENNGLISH MEANING VIETNAMESE
MEANING
Articles of association a document that contains details Điều lệ công ty
of how a company is organized
Sole trader A self-employed person who own Hộ kinh doanh cá thể
and runs their own business as an
individual
Equity/ company the capital that a company gets Vốn cổ phần
capital from selling shares rather than
borrowing money
Tangible assets a physical asset whose value can Tài sản hữu hình
be easily measured, such as cash,
property, goods, or machinery
Register of an official list of all the companies Đăng kí kinh doanh/
companies in a country, together with công ty
information about them, copies of
their accounts, etc
Unlimited liability a situation in which the Trách nhiệm vô hạn
shareholders of a company are
responsible for all of its debts if
the company fails financially
Tax authority an organization with official cơ quan thuế
responsibility for collecting taxes
Company house Phòng đăng kí kinh
doanh công ty ( ở Anh)
Solicitor Lawyer advices laws about Cố vấn pháp luật
company
Shareholding the shares in a company that a Cổ phần
particular person or organization
owns considered together as a unit
Separate legal tư cách pháp nhân độc
identity lập
Partnership Khế ước hợp danh
agreement
Sole traders A self-employed person who own Hộ kinh doanh cá thể
 and runs their own business as an
individual
Partnership a company that is owned by two Công ty hợp danh
or more people
Limited company a company, especially one in the công ty trách nhiệm hữu
UK, whose owners only have to hạn
pay part of the money they owe if
the company fails financially
Public company a company whose shares are Công ty đại chúng
traded on a stock exchange
Cash
debts
Owners
Personally liable
Profit
register/run a company
raise/contribute capital
submit/reject an application (for entry in a register)
3 loại
draw up a contract/ partnership agreement
công ty
impose restrictions
incur debts/ costs
view/inspect the register of companies
obtain a certificate of incorporation
issue/hold shares
conduct business
UNIT 2
Confidentiality Bảo mật
Competition
Duration of contract/ term of employment
Absence Nghỉ phép
Leave entitlement Quyền nghỉ phép
Duties Trách nhiệm
Applicable law Luật có thể thi hành
Severance Điều khoản hiệu lực từng phần
Remuneration Tiền lương
UNIT 3
 Delivery
Minimum orders
Price
Duration A period of time
Termination
Warranty
Warranty of title Bảo đảm về mặt thương hiệu
Applicable law and jurisdiction
Expire date/ expiration date The end of a period for which sth is valid
force majeure bất khả kháng
Terms Conditions(in an agreement)
Administrator Person appointed by the court to manage
affairs of a bankrupt company
Comply with To be in accordance with
Invoke To make use of or apply a clause in a
contract
Winding up petition Formal request to have a company closed
down
Warrantly A guarantee issued to the purchaser of an
article promising repair or replacement in
a case of defects
Indemnify To hold a person safe or secure against a
risk
Exceed To go beyond a set limit (quantity or time)
Binding Imposing an obligation which one must
fulfil
Set out To state or describe sth in writing
UNIT 4
Copyright An exclusive right granted to someone who
creates a literary, artistic, musical or other
creative work.
Patent (bằng sáng chế) Gives inventor the exclusive right to exploit
the invention for a period of 20 years. The
date begins priority date is when patent
application is made.
Trade mark A design, logo/ wording to identify a
product
Design right Original shapes or patterns can be
protected. The period of protection is 25
years
UNIT 5:
Acquired
Expansion
Merger
Offer
Result
Takeover
Targeted
Uneven
Capital reserves
Charge
Debts
Deplete: decrease
Drain: a thing which uses a lot of money or wastes money
Issue shares: create a new shares and sell them to shareholders
Operating costs: money spent on running a business
Sound: in good financial health
White knight: a friendly bidder who is brought in by the target company to outbid a hostile
bidder
Black knight: hostile bidder
Poison pill:
Killer bees
White mail:
Bear hug: the bidder offers a share price too high to refuse
Crown jewels: all the valuable assets of the target company
UNIT 6: