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Commerce has become an area of central importance to the South Pacific region. Although the countries are small it is widely acknowledged that their need to promote and develop commercial enterprise is crucial for their future sustainability.
This new textbook is the first to examine the main areas of commercial law in the common law jurisdictions of the South Pacific region. These jurisdictions include the Cook Islands, Fiji Islands, Kiribati, Marshall Islands, Niue, Nauru, (Western) Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu. The text is divided into six parts each with its own introduction to aid the reader through each particular area.
Utilising both a structural and transactional approach it examines:
the establishment and termination of commercial organizations
the internal and external relations within and between organizations
the legal principles applicable to various kinds of commercial dealings eg. insurance, sale of goods, bills of exchange
aspects of foreign trade and international commerce relevant to the region.
Knowledge of the legal principles that regulate commercial activity within the South Pacific Region is essential for the communities themselves and for those from outside interested in doing business in the area. Students studying commercial law in the region will find this textbook essential reading as will those involved, or seeking to become involved, in commercial activity there
List of contents
A: The Legal Structures of Commerce; 1: Partnership; 2: The Partnership Agreement and Partnership Interests; 3: Trusts; 4: Express Trusts; 5: Companies; 6: Capitalisation of Companies; 7: Cooperatives, Credit Unions and Incorporated Societies; B: Control and Management of Commercial Entities; 8: Relations between Partners; 9: The Trustee; 10: Management of Companies; C: Commercial Transactions; 11: Sale of Goods; 12: Bills of Sale, Finance Leases and Hire Purchase; 13: Insurance Contracts; D: Banking; 14: Basic Principles of Banking; 15: Banking Regulation and Prudential Supervision; 16: Bills of Exchange, Cheques and Promissory Notes; 17: Documentary or Commercial Credit; E: Foreign Trade; 18: The World Trade Organisation; 19: Trips; 20: The Melanesian Spearhead Group; 21: The Pacific Agreement on Closer Economic Cooperation; 22: Pacific Island Countries Trade Agreement; 23: The Cotonou Agreement; 24: The South Pacific Regional Trade and Economic Cooperation Agreement; F: Termination and Winding Up; 25: Bankruptcy; 26: Partnership Dissolution and Expulsion; 27: Termination and Variation of Trusts; 28: Winding Up of Corporate Entities
About the author
Mohammed L. Ahmadu, Robert Hughes
Summary
This new textbook is the first to examine the main areas of commercial law in the common law jurisdictions of the South Pacific region.
Additional text
The book is clearly written and should be readily comprehended by readers. Explanations are in plain language and simple terms.'Lindsay Trotman, Massey University
