Aspects of Law of the Contract and Its Negligence in Business - Report
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Added on 2020-01-16
Aspects of Law of the Contract and Its Negligence in Business - Report
Added on 2020-01-16
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Aspects of Contract and Negligence for Business1
Table of ContentsIntroduction.................................................................................................................................................4Task 1...........................................................................................................................................................5LO1 ..........................................................................................................................................................51.1 .......................................................................................................................................................51.2 .......................................................................................................................................................61.3 .......................................................................................................................................................7Task 2...........................................................................................................................................................9LO2 ..........................................................................................................................................................92.1 .......................................................................................................................................................9Case 1- Agreement..............................................................................................................................9Case 2- Consideration..........................................................................................................................92.2 .....................................................................................................................................................10Case 3- Exclusion Clause....................................................................................................................10Case 4 – Implied Terms......................................................................................................................102.3 .....................................................................................................................................................11Case 5................................................................................................................................................11Case 6................................................................................................................................................11Task 3.........................................................................................................................................................12LO3 ........................................................................................................................................................123.1 .....................................................................................................................................................123.2 .....................................................................................................................................................123.3......................................................................................................................................................13Task 4.........................................................................................................................................................13LO 4 .......................................................................................................................................................134.1 .....................................................................................................................................................13Case 7................................................................................................................................................134.2 .....................................................................................................................................................14Case 8................................................................................................................................................14Case 9................................................................................................................................................142
IntroductionIt is a legal agreement which create rights and obligations between the parties. A contract isformed after the stage of becoming an agreement. This report is developed to understand theaspects of law of the contract and its negligence in business. The study will also illustrate theelements required for a valid contract and its importance. It will also provide the informationabout impact of forming contracts by different mediums. Various case studies are alsohighlighted here to demonstrate the elements of contract in different business situations. Thisstudy will also outline the principle of liability for negligence in business activities along with itsimplications in different business situations. 4
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