Analysis of Contract Remedies and Corporate Social Responsibility

This essay explores the application of business laws and ethics in establishing and conducting business operations. It delves into specific contract laws, focusing on remedies for breach of contract, particularly specific performance and its limitations, referencing relevant case law such as Nutbrown v Thornton and Cohen v Roche. The essay also examines the extent to which corporations take Corporate Social Responsibility (CSR) seriously, highlighting the benefits of CSR in improving public image, increasing brand awareness, cost savings, and competitive advantage. The analysis emphasizes the role of CSR in addressing social issues and promoting ethical business practices, ultimately contributing to a more effective and socially responsible business environment. Desklib provides access to this document and many other resources for students.

Business And Law

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business laws are those legal structure that is used upon establishing business
organization as per legal standard present within country. These laws makes development of
structure possible in more effective manner. Through business law various perspectives has been
formed making strong structure to be developed for conducting business. Also ethics are used
upon developing discipline and order within an organization helping in conducting business in
more effective way. Through ethics business laws are applied with perspective of achieving
goals and objectives with more effectiveness. These laws helps in solving issues that has taken
place within an organization. These laws develop internal and external strategies making
business organization establish as per legal structure present within country. In this parts specific
contracts has been discussed with relevant cases which helps in making valid contracts to be
formed in more effective manner. Through specific contract both internal and external
perspective of business has been covered making business performed more effectively.
MAIN BODY
Discuss the remedy of specific performance and the limitations imposed by the courts on
this form of relief, with reference to relevant case law and legislation with respect to
Contracts. Contract laws means those legislations which are formed in order to make
agreement valid within eyes of law. The laws are utilized within an business organization over
forming various agreements taking place between two or more persons. Also law leads upon
creating contract through using agreements(Flynn, Smith and Kirwan, 2022). As per contract law
agreement developed between two or more persons making business transaction conducted more
effectively. These laws are responsible over forming contracts more effectively through making
contract formed effectively. Through contract legal bounding has been created through attaining
advantage within legal aspect of contract. Contract laws make trade and money related
agreements formed in more effective way. These laws makes business established more
effectively with proper agreements. The law are based over various elements which helps upon
forming contract in more effective way. In this business establishment is necessary with proper
agreements helping upon forming contract in legal manner while forming agreements in more
effective way. The elements that is present within contract are offer, acceptance, obligation,
legality and validity. If any of these element is absent then contract has been formed more

effectively. In first element offer has been presented which is based over idea presented to
another person with intention to start contract. Second element is acceptance which is based over
offer that has been presented within both parties. Then comes third element which is based over
obligation helping in forming rules and regulations that are formed over having discussion within
parties willing to come into contract. Fourth element is legality based upon laws and legislation
applied in an contract. Then comes last element that is validity making contract formed over
legal basis making contract legal within eyes of law(Kourtesopoulou, 2022). Thus these
elements are necessary for making contract to be formed effectively in relation over business
conducted with better structure. Further, contract can be both expressed and implied which
means it can be written or unwritten. In contract law breach takes place through violating
obligation or trust. The breach are handled with various remedies which are damages, specific
performance, injunction, recession and restitution rewards. As per the given scenario it has been
marked out that specific performance is required to be discussed. In this remedy that is related
upon discretion shown by judges within particular case of contract in which breach has taken
place. According to the specific performance order is required to be passed by court over
obligation formed within contract. In this obligations should be performed over making party
performed an specific condition in more effective manner. It is limited over certain
circumstances(Hillman, 2022). It helps over granting specific performance leading over making
court look weather damages should be adequate remedy in relation upon different obligations
which makes contract violated more effectively. Also court has passed order after analysing facts
of case and seek that any specific contract has been created upon claimant using specific
performance more effectively. Under specific performance used over making contract of sales
covered in more effective way. The court has made specific performance of contract and
personal services. There are various relevant case regarding this they are Nutbrown v Thornton
as per the facts of case claimant has entered within contract of making purchase done upon
machinery from defendant. Breach of contract taken place in relation over delivery of machinery.
In this claim has been done over breach of contract resulting in making specific contract created
more effectively. Further court has brought specific performance of contract to be generated
regarding awards over damages to be presented in relation upon not delivering goods and
damages inadequate for making compensation provide by claimant restricting machinery from
buying machine from any other means. Another case is Cohen v Roche within which court

makes refusal upon granting specific performance through compensating awarding over
damages. The chair is considered in relation over various articles of commerce without any
specific value and interest. In this claimant makes purchases done over chair elsewhere.
Discuss the extent to which corporations take Corporate Social Responsibility
Seriously. Corporate Social Responsibility are those perspective which is used over making
organization accountable in relation upon stakeholders and public. Through corporate social
responsibility organization work over those perspectives getting connected to society making
social issues covered in relation over economic, social, and environmental perspective existing
within society. CSR responsibility makes organization handle various social responsibility in
more effective manner. Through CSR responsibility proper structure has been created making
business organization get connected to people in more effective way(Nguyen and et. al., 2022).
Corporate social responsibility is based upon various models of business existing within
organization over concentrating and enhancing society with better business environment.
Through the responsibility various kinds of aspects related over business and its functions has
been covered. CSR is having most effective perspective making business organization get
connected over individuals existing in society. CSR has effective perspective which is used
within business organization making connection developed with individuals living within
society. Further, it aims upon making business organization follow principles of ethics by
developing ethical structure dealing with social issues. CSR makes an organization develop
positive approach towards sales of products and services in society(Robinson, 2022). Also CSR
holds responsibility of making balance to be created by increasing sales in more effective way.
This is based over careful ideas related to human rights, the community, environment, and
society in which it operates. Thus CSR is an important part for an business organization making
various advantages for an business organization to be achieved which are Improving public
image: It is an important aspect making business conducted certain programs making business
improved its brand making public develop awareness about it. It leads upon developing strong
bound with customers at different level helping upon making business capture market in more
effective way through improving brand making public get attracted towards brand in more
effective way. It holds upon making business and its brand image improved organization achieve
its goals and objectives more effectively. Increased brand awareness and recognition:
Through this concept an organization makes promotion of its product done which makes

business organization develop customers on large base. Cost saving: It helps over making
favourable changes that is used for less packaging that decreases product cost. Advantage over
competitors: In this embracing of CSR within an organization stay ahead of competitors making
organization grown in more effective way.
CONCLUSION
From the above discussion It has been marked out that business law makes rules and
regulation formed in more effective way. As per the law ethics makes development of business
done in more effective manner. Further business law and ethics helps upon developing better and
effective business organization making its operations performed in organized way. The essay is
based over specific contract which are formed on specific purpose that is remedy of contract.
Then relevant cases has been explained in relation over corporate social responsibility.

REFERENCES
Books and Journals
Bloomfield, S., 2022. The Virtuous Triangle: Ethics, Governance and Leadership. In Leadership
and Business Ethics (pp. 201-216). Springer, Dordrecht.
Flynn, G. and Werhane, P.H., 2022. A Framework for Leadership and Ethics in Business and
Society. In Leadership and Business Ethics (pp. 1-18). Springer, Dordrecht.
Flynn, G., Smith, D. and Kirwan, M., 2022. Leadership, Ethics, and Law: A Response to the
Coronavirus Pandemic. In Leadership and Business Ethics (pp. 19-39). Springer,
Dordrecht.
Hillman, W., 2022. Ethics in Qualitative Research Methods. In Encyclopedia of Tourism
Management and Marketing. Edward Elgar Publishing.
Kourtesopoulou, A., 2022. Corporate Governance and Business Ethics. In Corporate Social
Responsibility and Governance (pp. 150-165). Routledge.
Nguyen, L.D and et. al., 2022. Personal business ethics in global business: a cross-cultural study
between France and the USA. International Journal of Business Governance and
Ethics, 16(1), pp.1-15.
Robinson, R.M., 2022. Normative Ethics and Business Practice: An Introductory Review.
Business Ethics: Kant, Virtue, and the Nexus of Duty, pp.3-15.