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Importance of the Essential Elements of Contract - Assignment

   

Added on  2020-12-09

17 Pages3868 Words424 Views

Table of ContentsIntroduction.....................................................................................................................................3Task 1 Understanding crucial elements of a authentic contract......................................................31

1.1 Explaining the importance of the essential elements required for the formation of a validcontract............................................................................................................................................31.2 Discussion on the impact of different types of contract............................................................41.3 Analysing terms in contracts with reference to their meaning and effect.................................5Task 2 Applying the elements of contract in business context........................................................62.1 Application of the elements of contract in the business scenarios............................................62.2 Application of the law on terms in different contracts..............................................................62.3 Evaluation of the effect of different terms in given contracts...................................................7Task 3 Explanations on liabilities in businesses..............................................................................93.1 Contrast liability in tort with contractual liability.....................................................................93.2 Explanation on the nature of liability in Negligence.................................................................93.3 Explanation on how a business can be vicariously liable........................................................10Task 4 Principles of liability in negligence in business situations................................................114.1 Applying the elements of the tort of negligence and defences in different business situations.......................................................................................................................................................114.2 Applying the elements of vicarious liability............................................................................11Conclusion.....................................................................................................................................11Reference List....................................................................................Error! Bookmark notdefined.

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