Contract Law and Its Guidelines

Individual essay

Table of Contents
INTRODUCTION...........................................................................................................................................3
MAIN BODY.................................................................................................................................................3
What is contract law and what are its blue print?....................................................................................3
Discuss about the court system in relation to the English Legal System and also advise the parties to
resolve their matter from which court......................................................................................................4
Advise Hilary that whether binding contract exists between the parties or not........................................5
Explain about the various remedies which are available with the parties................................................5
CONCLUSION...............................................................................................................................................6
REFERENCES................................................................................................................................................6

INTRODUCTION
Business law is a wider concept which discusses that how any of the company or
commercial activity it is to be conducted. There are certain boundaries for business organization
and in any of the condition those boundaries should not be breached. The organization which
shows their carelessness towards following the law and policies they have to suffer from
different types of problem. Talking about the file, there are some of the topics that has a
connection with contractual relationship with different persons and with the help of contract law
and its detail guidelines it will be understood that when any of contract can be formed and what
are the terms and condition that needs to be followed. Also, remedies for the breach will be also
explained.
MAIN BODY
What is contract law and what are its blue print?
Contract law is the law that governs the legal relations between the parties. Talking about
the law and policies of contact law, it is said that once agreement is formed the terms and
condition and any of the other guidelines cannot be changed in any of the situation but if both of
the involved party is agreed upon new condition then problem can be resolved. The process of
forming any of the contract is not easy because there are number of terms and condition that
needs to be satisfied. Although, contract is being formed in most of the cases but people
generally do not identify it as a contract (Babaeian Jelodar and et. al., 2017). The guidelines of
contract law are quite complex because there are number of aspects that needs to be satisfied.
But, if all of the required condition is fulfilled then it will not be easy for any of the party to
breach any of the terms. If it happens in any of the circumstances then option of legal against is
also available. The benefits of contract law are not limited because fix date can be identified that
when work will be completed at even payment is also decided in it which is the most important
thing within the contract law. Some of the other benefit of contract law is that it provides the all
of the necessary information which are essential to perform the contractual work.
There is also a blueprint of contract which explains each of the single things in detail for
better understanding. It is explained that whenever any of the business organization performs its
business activity, they should take the help of contract law so that effective result can be