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Business Law and Ethics: Advising on Contract Formation and Rights

   

Added on  2023-06-18

7 Pages1790 Words165 Views
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Business law and
Ethics
Business Law and Ethics: Advising on Contract Formation and Rights_1

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
State what a contract is, and the conditions for forming one. Then, advise Avril and Belinda
on which contract(s), if any, have been formed in this negotiation and their rights and
responsibilities under such contracts...........................................................................................3
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7
Business Law and Ethics: Advising on Contract Formation and Rights_2

INTRODUCTION
Business law and ethics are the laws that makes business organization achieve various tasks
leading over accomplishment of goals that leads upon increasing business integrity which makes
business conducted in smooth manner. These laws makes business accomplish all its aspects that
is been set by an organization with purpose to achieve goals and objectives of all kinds. These
laws makes guidelines over rules developed making business organization perform various
activities making sustainability achieved through growth within an organization. The law applied
through different legislation which makes business organization achieve consistency within
business. Both the laws has been making system developed which makes business organizations
achieve its objectives with more efficiency. Nature of these laws is very dynamic which makes
rules and regulation related over business transactions and trade agreements develop. Scope is
wider as it has tendency over affecting business environment of an organization. The essay is
based over contract laws which is been covered through case study. Also binding contracts with
rights and duties is covered.
TASK
State what a contract is, and the conditions for forming one. Then, advise Avril and Belinda on
which contract(s), if any, have been formed in this negotiation and their rights and
responsibilities under such contracts.
Case study: In facts of the case it can be observed that Avril provides over services that
makes deal over advertisement upon local news paper and online mode is been used. Further
parties Belinda and Avril has formed contract between each other that is related to business. The
time period decided over contract is seven days(Grant, Arjoon and McGhee, 2017). The price
range decided for the contract is of seven fifty euros. In this email is been send over showing
acceptance over price range of nine hundred euros. Also contract has been formed over parties
within which an offer is been made through advertisement. In this contract is been formed
between parties that is an offer based over advertisement medium. Since parties to contract is
been send through emails making offer to each other. Under it contracting parties are Avril and
Belinda. State about condition of contract formation through the facts of the case it can be
understood that contract laws applied within the case scenario. These are the laws that has been
formed over making agreement with more efficiency. Under it an agreement formed between
Business Law and Ethics: Advising on Contract Formation and Rights_3

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