Business Law and Ethics: Contract Formation and Rights and Responsibilities

BUSINESS LAW AND
ETHICS

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................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 ...............................................................................................................................5
REFERENCES................................................................................................................................7

INTRODUCTION
Business law and ethics they are that kind of legislation that has been developed over
making business environment work in more effective manner. Such laws helps in making
innovation with effectiveness applied within an organization that leads over making goals
achieved in more legal manner. Both the laws lead over setting of framework which makes all
kinds of ethical factors with business element modified in such manner that organizations growth
and sustainability is been maintained. Ethics makes conflict within an organization solved in
proper manner and business law help in making all kinds of framework accomplished in more
effective way. In this essay things explained is based over contract laws that has been formed in
order to make management with formation of agreement done in more effective way. Then in the
end of the essay things related to rights and duties of contracting parties is been covered.
MAIN BODY
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 the case has been covering facts which says that Avril provides services in
relation to make advertisement which is been formed within local print and through online mode.
In this Belinda has made contract with Avril for building of shed regarding business purpose.
Further regarding this situation price has been explained that made costing created over seven
fifty euros(Pufpaff and McCann, 2021). The stipulation or time period of the contract is based
over seven days. Then in this Belidin made an email to Avril within time period that was not
accepted quotation. Beldin accepted over quotation and emailed back to Avril. In this the price
range that has been mentioned is of nine hundred euros. State about condition of contract
formation the main thing that has been made over discussing within the case is contract law
which means those specified legislation which has helped in making an agreement legal in
nature. The agreement formed can be turned into a contract but a contract cannot turned into
agreement. Further the law of contract provides formation of contract in both expressed and
implied manner, they can be in written ad unwritten form(Okoye and Onyejekwe, 2019). This
means that a promise can be a contract which is based over any kind of obligation legally formed
between parties. Promise can be anything that is not illegal within the eyes of law. The contract