Business Law and Ethics

This document discusses the concepts of contract law, court system in relation to the English legal system, binding contracts, and remedies available in business law and ethics. It provides an overview of the blueprints of a contract, the court system in the English legal system, advice on pursuing court action, and the existence of binding contracts. It also explains the various remedies available to the parties involved. The subject is Business Law and Ethics, and the document type is a study material with solved assignments.

Business Law and Ethics

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Contract law and describe all the blue prints of a contract..........................................................3
The court system in relation to the English legal system and advice the parties above which
court(s) action to pursue..............................................................................................................3
Advise Hilary as to whether binding contracts exist between herself and each of the following
people: Eleanor, Amy and Olivia................................................................................................3
Explain and discuss the various remedies available to the parties..............................................4
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................6

INTRODUCTION
Business ethics & morality is indeed a law referring to business dealings among 2 people that
take place. It will be used for the aim of enhancing commercial transactions in order to boost
business efficiency (Ahlinder, 2017). This estimate is focused on a conversation of the processes
of the judiciary and lawful laws relating to patent law applicable to the present study. The main
contract, its documents and the English judicial system regulating all the instances are discussed.
Furthermore, such a provision applies to the present research, under which Hilary is in
interaction with three various parties. Finally, the recourse open to the parties in cases of
violation of a civil contract are analysed.
MAIN BODY
Contract law and describe all the blue prints of a contract.
Before getting into the blueprints of a contract law, understanding the definition in rudimentary
terms is a must (Schelhaas, 2017). The definition of a contract law can be summed up as a
reconciliation between two sides which is legit and both the sides comes to a mutual
understanding keeping in mind the terms and conditions they have agreed to. For instance – If
someone goes to a market to buy something he has the money and intention to buy something
and selller from which he will buy the product will agree to provide his product and will take
money for it, plus the
intention of the seller to sale under accustomed circumstances.
Blueprints of a contract law are as follows
1 - Proposal – One side extends the proposal to the other party.
2 - Obtainer – The one who is on the receiving end and accepts the proposal of the party
proposing.
3 - Musing of the offer to be considered – Here by musing doesn’t mean that if side “ A “ has
agreed to come to common terms with side “ B “, then there could be no other means of settling
the agreement up. The acceptance can be in different other ways like an assurance to meet up to
certain expectations or not to meet certain expectations (Davies, 2018).
In Here the mutual understanding doesn’t mean that if party “ A “ has agreed to give an
( XYZ ) product to side “ B “ then the worth of it has to be hard cashed keeping in mind a

particular product. It could be anything as far it is worth the same amount of the ( XYZ ) product
or it could be some other product as far as both the sides are coming to common terms.
4 - Both the sides determined to come under the legitimacy – As per the agrrement if both the
sides are determined to be accepting each other’s terms and conditions and keeping the law
above them then it is a a fair play and will the most paramounting role for both of them when it
comes to their agreements.
5 - Both the sides have legalized approach from every dimension – Not only both the parties
are above 18 but also they are also cleared up as they are accepted under the law
(ASOCIAriON, 2017).
The court system in relation to the English legal system and advice the parties above which
court(s) action to pursue.
The English legal system is divided into four legitimate structure. Those four laws are Northen
law, English law, Scot law and Ireland law, but when talking of English legal system it has its
own structure when it comes to a general law. For instance if there is a homicide in Northern
Ireland then the the law enforcement of the Northern Ireland cannot approach the English legal
system.
 Further, English legal system is broken into two laws – 1) Criminal law 2) Civil law
 Common Law ( Criminal law ) – If a homicide or any other assassination ( multiple
assassination ) takes place then
 the offender is brought to trial by set of judges who brings the law of legislation and
traditional principles into action
 Till date an assassination comes under Common law. Common law has been made via the
various concepts and ideas
 over time with the systemization of jurisprudence all around England and Wales.
Civil Law – Civil Law is all about contentions between two personal sides. For instance there
is a retailer of a beauty
product and he/she has been given a expired product then he/she can file a case against the
retailer or in some other cases,

for example if there is a slippery floor in a supermarket and if a customer slips because of the
wet floor then he/she can
sue the supermarket.
Advise Hilary as to whether binding contracts exist between herself and each of the following
people: Eleanor, Amy and Olivia.
Case 1: The commercial that has been used by Hilary would be regarded as an annual contract a
selling in the description given. In the situation of Prtridge vs. Carttifner court, an argument has
been made that an advertising on every public forum that is freely available to everyone is often
an opportunity to offering, Eleanor accepted an agreement throughout the current context that Hil
ary therefore considered the give but that it was stopped to offer. There is a circumstance of no di
spute between the two sides regarding the bid offered by Hilary and still being refused by
Eleanor. There had been an opportunity but no approval of the two part of an agreement was
pursued.
Case 2: The particular law is based mostly on outlier that even if acknowledgement was sent by t
he comment, acknowledgement may not be withdrawn when it is already in data transmission, si
nce both party leaders are contractually bound. Throughout the situation of Entores vs Far
Ranges East Company, this could be known from the decision passed. In the current context,
Amy young woman would want the agreement to be revoked and faxed until the comment, so at
that juncture the agreement itself was void. This request, based on reality, will reach the
conclusion that Amy has not rescinded the acknowledgement because she has already published
a letter of acceptance.
Case 3: Hilary's notification would be regarded as an invitation to bid. In the situation of a deal
among Hilary as well as Olivia, Olivia accepted an agreement which Hilary refused, such that
the proposal was not accepted but again that did not contribute to the establishment of a legally
binding agreement between the two entities.
Explain and discuss the various remedies available to the parties
In contract rule, there have been 2 very basic kind of equitable remedies which specify
efficiency and remuneration. Remuneration is a solution granted by the grand jury in the case of
a crisis of contract and remuneration is granted by the suffering party and therefore must be
observed that perhaps the loss was predictable.

A further solution is the precise fulfilment of the existing deal that existed in the world of
both sides' proposal and approval and is still constitutionally bound by it. However there are
many cases where the payout is not enough. In those cases, the court can require that the original
contract must be carried out clearly (Jennifer, 2018).
These remedies must be regarded as per the current situation in which treatments are
accessible, based on the situation. Like in the contract of sale among Hilary and Amy, Hilary
may ask remuneration because the contract was previously exempted by Amy as well as the
document had been uploaded prior to actually fax (Pasculli, 2016). In scenario of Eleanor but
also Hilary there's no acknowledgement by Eleanor because then there could be no requirement
of either summary judgment or any category of remuneration as Eleanor now also refused the
offer even though there was no acknowledgement that result to no creation of harbour form of
civil contract among both groups. Either the aforementioned treatments are required for court
well before statement of final decisions. The foundation upon which agreement has been formed
is regarded in these key aspects.
CONCLUSION
From the above research elements of contract law which are portion of above-mentioned
scenarios. It may be argued that the two most relevant principles that are part of every
transaction that takes place between all sides are commercial law as well as moral law. There are
some important elements of contract law that ultimately relate to the sides being legally bound. If
certain components are present in such an agreement in that case, only 2 solutions which are
unique results or rewards can be needed by ether. In such cases, their binding decision after
detailed examination of various facets of the deal, based on the judgment including the civil
courts.

REFERENCES
Books and Journals
Ahlinder, E., 2017. Business tenant protection-For whom? For what? How? Security of tenure
within UK, Swedish and Australian law. Australian Property Law Journal, 26(2), pp.159-
194.
ASOCIAriON, U.L.S., 2017. LEGAL ISSUES JOURNAL.
Davies, P.L., 2018. Related party transactions: UK model. European Corporate Governance
Institute (ECGI)-Law Working Paper, (387).
Fowler, J., 2018. UK Case Law Update. Int'l J. Franchising L., 16, p.21.
Freedland, M. and Dhorajiwala, H., 2019. UK response to new trade Union strategies for new
forms of employment. European Labour Law Journal, 10(3), pp.281-290.
Jennifer, P., 2018. Debt Restructuring in the UK. European Company and Financial Law
Review, 15(3), pp.449-471.
Pasculli, L., 2016. A Right Turn in the English Criminal Law: No More Anomalous Forms of
Complicity. An Important Lesson from the UK Supreme Court. An Important Lesson from
the UK Supreme Court (May 22, 2016). Diritto Penale XXI Secolo, 1, pp.116-129.
Schelhaas, H.N., 2017. Penalty Clauses and the Recent Decisions by the UK Supreme Court in
Cavendish v. Makdessi & ParkingEye v. Beavis. European Review of Private Law, 25(1).
Stack, K.M., 2018. Overcoming Dicey in administrative law.
Online
Civil justice in England and Wales, 2020 [online], Available
through<https://www.judiciary.uk/about-the-judiciary/the-justice-system/jurisdictions/
civil-jurisdiction/>