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Business and Corporation Law: Contracts and Director's Duties

The assignment requires students to evaluate the individual contributions of team members in a group project and provide a mark out of 100%. The purpose of the assessment is to assess students' understanding of business and corporate law principles and their ability to apply them to case studies. The assignment also aims to develop students' critical thinking and analytical skills in relation to ethical implications of legal decisions and commercial relationships.

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Added on  2022-11-17

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This presentation discusses the legal position of different parties in various transactions and the duties of directors under common law and statutory law. It also covers the liability of directors for insolvent trading.

Business and Corporation Law: Contracts and Director's Duties

The assignment requires students to evaluate the individual contributions of team members in a group project and provide a mark out of 100%. The purpose of the assessment is to assess students' understanding of business and corporate law principles and their ability to apply them to case studies. The assignment also aims to develop students' critical thinking and analytical skills in relation to ethical implications of legal decisions and commercial relationships.

   Added on 2022-11-17

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Business and Corporation Law
HI6027
Business and Corporation Law: Contracts and Director's Duties_1
Part A
Question 2
Issue
To advice Forthryrt regarding different transactions that
have been done by him with various parties in the
given scenario?
Further to check whether any contract is binding to
him and if yes then when such contract has been
concluded.
Business and Corporation Law: Contracts and Director's Duties_2
Rules
Firstly, the element named offer comes in a contract. It
is a proposal to do an act or not to do the same for the
exchange of a monetary value or something else.
Invitation to treat is another concept which is different
from offer.
Offer can be accepted but an invitation to treat does not
(Duhaime.org, 2019).
Business and Corporation Law: Contracts and Director's Duties_3
Application
The very first party who contacted to Forthryrt was
Boswold, the chief editor of Boswold Books.
Forthryrt replied him with his intention to sell the book
not less than for 40 grand which was an invitation to
treat.
In reply to the invitation to treat Boswold sent an offer
to Forthryrt where he offered to publish the novel
written by Frederick Forthryrt in consideration of
$40,000.
Business and Corporation Law: Contracts and Director's Duties_4

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