The legal Aspect of Responsible Leadership

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The legal aspect of Responsible Leadership
2/28/2020
Student’s Name

The legal aspect of responsible leadership
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Contents
Part A...............................................................................................................................................1
Part B...............................................................................................................................................4
References........................................................................................................................................6

The legal aspect of responsible leadership
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Part A
A contract is an agreement that is legally binding to all the parties of it. It is important to check
whether a contract was existed or not in order to review the rights and liabilities of parties. For
each binding contract, some elements need to be there as well as parties are required to follow
certain steps. In other words, this is to state that certain rules govern the development of a
contract and the same must be adhered to by the parties. The first element of any binding
contract is offer. As the name implies, an offer is a form of the proposal where a person shows
his/her willingness to do something or to be remain refrain of something to the other person.
Only making an offer is not enough but the same should be according to the rules of contract
law. Firstly for each offer, it is important that the terms of the same must be clearly stated as
given in the case of Gunthing v Lynn (1831) 2 B7 Ad 231. It means an offer with ambiguity or
confusing terms cannot be treated as a valid offer (Jaeger and Hök, 2009). Another important
term for an offer is that the same is required to contain an intention to do the business. Invitation
to treat is another concept of contact law that seems like an offer but is not in actual as the same
does not have an intention to bind the other party and is simply a call for offers. An invitation to
treat is simply an invitation for offers that do not have any intention to bind the other party
legally.
Similarly, the case of Harvey v Facey [1893] AC 552 is important to discuss here where it was
given that any statement made by parties during negotiations does not consider as an offer. In
this case, one party asked others about the lowest price of a pen and also asked whether the same
was available for the sale or not. In reply to this mail, the other party only informed only about
the lowest price of the pen and said nothing about the availability of the pen. Privy Council held
that the conversation took place between the parties nowhere reflected that the second party