Contract Law and Binding Contracts: A Case Study Analysis

Individual Essay

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 ...............................................................................................................................5
REFERENCES................................................................................................................................7

INTRODUCTION
Business law and ethics is based upon those regulation which is been used by an business
organization to accomplish it various goals mainly focused upon maintaining integrity of
business process performed within an organization. These laws makes proper guidelines and
rules provided which makes business organization perform better leading over making
sustainability achieved. These laws develop various prospectives making business organization
attain sustainability with growth. Also the laws is been applied with various legislations and code
of conduct within an organization. It enhances all aspects of business organization which makes
tasks related to organization achieved with consistency. Further the scope of such law are wider
as they create direct impact over business transactions and nature is dynamic since it can impact
business environment. 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: The facts of the case scenario are Avril is a service provider and deals over
making advertisement formed over local news paper and online mode is used by him. Belinda
and Avril has formed contract with each other regarding business. As per the contract the
decided price range is of seven fifty euros and time period to accept this is seven days. Email has
been send which shows that acceptance is done only when price range is nine hundred euros.
Also the contract formed between the parties is just an offer which is based upon advertising
medium. Since the contract parties has only send emails related to offer being made to each
other. The contracting parties within the contract are Avril and Belinda. State about condition
of contract formation according to the facts within the case it has been analysed law applicable
in the case are contract law which makes agreement formed in more effective way(Ruo-lin.
2019). This makes agreements to be formed over making contract to be created in legal manner.
The agreement formed related to parties making contract formed in legal way. The agreements
created are based over elements which are used within contract(Ruo-lin. 2019). In this agreement
existing is based over parties willing to form a contract in legal manner. The agreement formed