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Law for Business Managers

   

Added on  2023-01-17

12 Pages4086 Words44 Views
LAW FOR BUSINESS
MANAGERS

Table of Contents
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
A).................................................................................................................................................3
B).................................................................................................................................................4
C).................................................................................................................................................5
PART 2............................................................................................................................................7
Issue: ..........................................................................................................................................7
Rules:...........................................................................................................................................7
Application: ................................................................................................................................8
Conclusion:.................................................................................................................................8
PART 3............................................................................................................................................8
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Business law refers to the body of law which regulated and managed the overall business
activity and also guides the business to enter into the contract in fair condition. By imposing the
business law in respect of attaining smooth working of activities, it results in securing the interest
of the people through undertaking civil and criminal liabilities when any illegal activity
committed (Wright, 2017). Thus, the main reason of imposing the business law is that it results
in availing the conflict between the employer and employee and also secure the right of parties
who are planning to enter into the contract for longer term gain. This report carries the three case
study which reflect the role of business managers in respect of attaining the particular task or
securing the interest of people towards the business.
PART 1
A)
Issue: In this case study, the issues is raised regarding doing the accurate task which is assigned
by the Sergio. As Sergio promises to pay his son Alexander if he opts the career of the solicitor
instead of wasting time of becoming the chef. As the deal is offered as €5,000.
Rules: Under the companies act, 2006, if one party offers valuable thing to another party and the
another party accepts such offer, they both enter into the contract by signing the agreement
(Howarth, 2018). Thus, there are various condition under the contract act such as:
Parties must be competent to enter into the contract
Before signing any contract, one party offer valuable things to another party and another
party accepts such things.
The contract must be entered on the bases of the some considerations amount.
The terms and condition which is mentioned in contract must reflect the true and fair
conditions.
Thus, in respect of one of the elements of the contract which states that intention to create
legal relation must be legally bound between the parties (Ulfbeck, Andhov and Mitkidis, 2019).
As the contract is legally bound until it not affects the rights of the parties to enforce any of the
contract which is not valid.
As per the case study of the Jones V Padavatton [1969] 1 WLR 328 court of appeal, the
case states as they both enter into the agreement which is related to domestic contract and the

decision is raised regarding not clarity in any of the terms. As Jones want her daughter
(Padavatton) to gave up from job and do the study of the bar in England (Jones V Padavatton,
2017). Later Padavatton feels that the money which Jones is offering is not sufficient to manage
her life in better way and thus not accepts such offers. This results in facing contract which is
related to not legally bound to follow the terms in respect of enforcing the domestic agreement.
Application: By applying this case study relevant to the recent case which states that if the
person is not bound to enter into such contract which not fulfil, their needs than in such case they
are not bound to follow such contract (Hughes, Champion and Murdoch, 2015). Thus, in case of
Alexander, if he feels that he want to become the chef and not preferred to choose the field of
solicitors, than he had full liberty to break the promise. As such promise is affecting their rights
and also under the legal intention of obligation regarding enforcing the contract, if any of the
terms are not clearer than the plaintiff carries the right to break the promise.
Conclusion: From the above study, the case reflect that the promise which affects the right of the
person are violated in terms of contract. As one party not accepts the offers which is given by
another person, then such contract is void and also not legally supported by any of the laws. In
this case Alexander carries the rights to break the promise if such amount not enough to fulfil
their needs.
B)
Issue: In these aspects, the issues is examined regarding paying extra salary to Liam regarding
skipping his lunch when necessary for three months. To accomplishing such task the deal is
offered for €500 for three months.
Rules: Under the contract act, the one part which is related as promissory estoppel are examined
under the contract. As in this, the promise is made to the other parties in addition to the formal
consideration which is fixed in the contract and such contract is performed on some specific
situation (Bainbridge, 2017). Under the promissory estoppel it carries various types of elements
such as:
Legal obligation which is set by the promissory is to be modified timely;
Their must be clear or unambiguous promise which is to be performed during the
duration of the contract.
When the changes occur during the position of time or the prices.
As estoppel mainly imposed in respect of not going back which is set as their promise.

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