Report on Aspects of Contracts

Added on -2020-02-05

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TABLE OF CONTENTSINTRODUCTION................................................................................................................................3TASK 1.................................................................................................................................................3Case Scenario...............................................................................................................................3Case 1................................................................................................................................3Case 2................................................................................................................................3Case 3................................................................................................................................4Case 4................................................................................................................................4CONCLUSION....................................................................................................................................5REFERENCES.....................................................................................................................................62
INTRODUCTIONContract basically describe as an agreement between two or more parties which isenforceable by law. Legislative and regulatory framework imposed by government of the UKguide the contracts (Amin, 2013). Thus, it is imperative to prevent unethical practices in thecountry. This report is basically focuses on the various aspects of contracts so that legalrelationships between the parties can be understood. Further, present report will describe thedifferent types of contracts and their potential impact on the parties involved. Lastly, severalcases are presented and analyzed.TASK 1Case ScenarioCase 1The case describes that Salvatore wanted to attract more customers to sale the cars. Forthis aspect, he needs to enter into a contract. It has been suggested that there are three types ofcontracts namely; face-to-face, written and distance (Ford, 2010). The best suitable contract forSalvatore is distance contract because; by developing the website for the garage, he can uploadpictures of the cars in order to attract the customers. This aspect aids in attracting morecustomers by using different modes of communication like e-mails, telephone, social media,websites, etc. Thus, this enables him to know about the ways to place order and deal withcustomers.It will be highly helpful to the Salvatore if; he prepares standard format of a contract or adeed (Milner, 2011). It is because; by doing this, he will be able to communicate with all termsand conditions which are planned prior to the commencement of contract. This will help inreducing the confusions and would become easier for Salvatore to make contracts with thecustomers. However, for Salvatore there is an option that he can do the modifications in thestandard form of contract as per their will and nature of buyers (Contracts, 2015).Case 2A contract becomes a contract when there is an inclusion of term named “offer andacceptance”. Offer refers to as the proposal given by one of the party offerer where he proposesanother party to enter into a valid contract (Zoll, 2012). The offer must be valid and to the point3

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