Commercial and Corporations Law Assignment
7 Pages2028 Words36 Views
Added on 2020-07-23
Commercial and Corporations Law Assignment
Added on 2020-07-23
ShareRelated Documents
COMMERCIAL ANDCORPORATIONS LAW
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Correct area of law and legal rules.........................................................................................1Application of legal rules.......................................................................................................2CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................4
INTRODUCTIONContract is the legal agreement between two parties in which both involved people havesome rights and obligations (Fried, 2015). Offer, acceptance and consideration are the elementsof legal contract. Present study is based on contract between Gareth and girl who came to thisplace to celebrate her birthday. Current assignment will discuss rights and obligation of theparties in light of law. It will explain legal application of the rules. MAIN BODYCorrect area of law and legal rulesGareth has owned an event business. He has organised a music concert. One girl who hascome to this place for celebrating her birthday has faced disappointment because singer hasrefused to sing a song (Stone and Devenney, 2017). One accident had occurred in which Eventrental Pty Ltd which was hired for providing large tents, portable stage etc. has meet with caraccidents and in this accident, entire items got destroyed. Gareth has made arrangement of sub-standard sound system but singer refused to sing a song by using sub-standard sound system.Now, girl seeks 1000 for disappointment and need refund of 800. Commercial law has several elements: offer, acceptance and consideration. As singer andGareth both have accepted terms and conditions of the contract (Elfakhani and Sidani, 2015).Gareth has offered benefits to the singer for singing a song in the event and singer has acceptedhis offer. Consideration was another major element in which Gareth has considered to giveenjoyment to the audience and audience have made payment for the same. It was liability of Gareth to organise event in an effective manner (Smits, 2017). Forvarious activities that will be taken place in the event, he has charged amount from audiencethus, it is obligation of Mr. Gareth to organise event as he has promised to the audience. He hasannounced that there will be a singing show but if singer is not ready to sing the song, then itwould be liability of the owner to make him ready otherwise, he will be liable to return thecharged money to the audience (Ambrus, Calvano and Reisinger, 2016). Right of JulieCommercial contracts form between buyers and sellers in which third party means buyerdoes not sign the actual contract but they are part of this contract. Commercial law gives rights tothe third party person to sue the seller if seller fails to provide promised services to consumers. Inthe present case, Gareth has promised to conduct as singing show in the event but now due to1
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Company Law: Legal Issues and Relevant Lawslg...
|7
|1642
|414
Business Law: Contract, Negligent Misstatement, and Company Lawlg...
|10
|3260
|79