Business Law and Ethics Report: Contract Law, Remedies, and Cases

This report provides a comprehensive overview of business law and ethics within the UK legal system, with a specific focus on contract law. The report explores the fundamental elements of a contract, including offer, acceptance, and consideration, and examines the English legal system, including common law and civil law. Three case studies are analyzed to illustrate the application of contract law principles, providing advice on potential legal actions and remedies for the parties involved. The report concludes with a discussion on the implications of business law and ethics within the UK legal framework, referencing key sources. The report emphasizes the importance of written agreements and the consequences of breaching contract law, offering insights into the legal recourse available to parties in various scenarios.

Business law and
ethics

TABLE OF CONTENT
INTRODUCTION......................................................................................................................3
Contract law............................................................................................................................3
English legal system...............................................................................................................4
Advice to Hilary.....................................................................................................................5
Remedies to parties.................................................................................................................6
CONCLUSION..........................................................................................................................7
REFRENCES.............................................................................................................................8

INTRODUCTION
Business law and ethics can be understood as one of the most important domain
within UK legal system where it determines minimum standards of behaviour expected from
companies and sole proprietorship fundamentals. The report explains business law aspects of
contract law where there is explanation analysed with help of cases, and how various
standards of law enable to reach new working scenario where there are various parameters
analysed and how court action can enable to reach at decision.
Contract law
The UK contract law within legal system is body of law regulating contracts in
England and Wales where there are various paradigms working onto new working scenario
where voluntary obligation in contrast to paying compensation is focused on. English law
places high value for ensuring people have true law understanding , voluntary obligation and
transparent proceedings where exact proceedings must be done with transparent work ethics
Contract law places high value for ensuring people have truly brought on all details as
considerations while binding in an agreement and there shall be written aspects enforced
among people. Contract law works best when agreement is performed from both sides in
written format and performed substantially where court analyses all aspects and claims where
principles of business law is also analysed (Bhagat and Bolton, 2019).
 Offer: The offer is foremost part and highly important functional element within
creation of contract where there are various aspects which shall be written clearly for
further proceedings in contract law.
 Acceptance: A contract cannot be legally formed and existed without giving any
acceptance where it holds wide importance among varied aspects for gaining effective
parameters analysed, onto which contract law enforces large practices among parties.
 Consideration: There shall be consideration of object, event, service and payment
within contract proceedings under contract law where al facts and terms shall be

clearly established for other party to agree various fundamentals before
communicating various aspects.
 Legality of subject matter: The contract law should prescribe all details as legality of
subject matter and all legal procedures shall be conducted, where legality shall be
formulated as major component and also formal procedures should be focused on.
 Contractual capacity: The contractual capacity shall be focused on as major
component where contract law should be performed by both parties where actions
shall be taken based on contractual capacity fundamentals , propagating various
aspects highly important and critically analysed
 Contractual intent: The contractual intent shall be widely clear and hold transparency
within business avenues where legal factors such as purpose of both parties and how
further proceedings shall be enabled further. Contractual intent is highly important for
gaining analysis within business analysis focusing onto ethics, keenly propagating
focus onto wider arenas within UK legal system (Bowden, 2019).
English legal system
The English legal system is one of the foremost and highly structured legal system
within world for various parameters focusing on implementation of business laws and ethics,
and how various course of actions can be taken administered by courts. It is widely operated
functionally within England and Wales where rules are established both on civil and criminal
matters. UK legal system is based on wide range of principles where there is contract law,
common law and civil law as most important laws governing business ethics compliance
among companies and individuals. Contract law is highly important and most widely used
law where operations are developed between parties and agreements shall be maintained
among working scenario leveraging written agreements which shall be done between parties.
Common law: The supreme court holds major responsibility along with common law bodies
where body of law enables best living standards to people where they can vitally get
assistance from legal court bodies. The common law makes sure that people do not violate
any set common laws also there are wide range of better decision making aspects and
fundamentals which are potentially followed. Common law holds wide importance within
business scenario and English legal system scenario where it can be analysed that there are
also various keen arenas where people can resort to assistance from court..

Civil law: In case within business there are case of unethical practices and violation of
business practices with high unethical functionality, people can file civil case where courts
within UK legal system provides various fundamentals which can be reached on. The person
who starts civil case is called claimant and there is analysis developed where focus is
maintained on how various working scenario has been violated. Civil law is one of the
most actively functioning legal law in UK where there are also varied aspects analysed,
assisting people to take court help for various purposes (Jones, 2019).
The analysis done in first and third case studies explains that there was not contract
law or agreement established between both parties where Hilary , Eleanor and Olivia were
not under any written agreement, where claimants from both sides cannot resort to court for
help. Therefore no legal action can be taken, however within second case study Amy has
violated the contract law which she herself sent in written to Hilary, there is violation of
systematic functional scenario for which Hilary for sure can sue her and take legal action
against her.
Advice to Hilary
The first case study enables us to analyse that Hilary and Eleanor were not under any
legal contract or agreement where there was no written agreement done between them, thus
Hilary cannot take any sort of legal action or sue Eleanor under law. The price of printing
press was mere discussed between parties where there was no written agreement done from
Eleanor side, which means that Hilary can find any other customer further for selling of
printing press and he cannot take any legal action against Eleanor for not accepting to
purchase.
The second case study enables us to understand that there was agreement done
between Hilary and Amy in written format for purchase of compute at 10,000 pounds, which
further Amy denied to pay where she had violated contract law parameters. Hilary can file
case against Amy for violating agreement done between them and sue her under court where
she can regain her price from her, and also resorting to law will enable him to gain analysis of
future proceedings under UK legal system.
The third case study enables us to analyse that Olivia cannot file or report case against
Hilary for not selling the painting, as there was no clear agreement or contract law done
between them. Hilary had not made any sort of written selling content for painting. Here
Hilary cannot be sued under court by Olivia as sale hasn’t started within exhibition where it

she is not liable to anyone for any selling of painting. Olivia hadn’t received any formal
conduct agreement from Hilary where she cannot claim painting form Hilary and also there is
no keen focus brought made between both parties (Lagasio and Cucari, 2019).
Remedies to parties
 Sue of court: In first and third case studies it can be analysed that there was no
agreement made between parties and also there has been no contract law established
between parties where sue of court cannot be enabled. In first case Hilary cannot sue
Eleanor for not purchasing printing press and also she can look for any other customer
where both parties had not made any written agreement, which is an important
prerequisite as per UK contract law. However in second case study Amy can be sued
to court by Hilary where she had violated UK law system by denying the set
agreement price structure, where Hilary can demand the price charge.
 Recession of court: In first and second case studies recession of court cannot be
done as both parties were not under any legal contract or agreement, where it
functionally also makes people ineffective to take any court assistance for any
financial charges. It can be also analysed that in second case study Amy has been
found violating the contract law, for which Hilary can take legal recession of court
and also file case against her where she has violated the system parameters. There is
also violation and unethical business practices followed on, as Amy had sent written
consent to Hilary for the price acceptance. Hilary can look for another customers in
first and third cases based on her requirements , as not agreement was done between
Eleanor and Olivia.
CONCLUSION
The report can be concluded with detailed explanation onto how business law and
ethics are formed within working scenarios within UK legal system, along with analysis
drawn on major fundamental aspects where contract law elements are explained. Report also
concludes three case studies analysis onto where there are various parameters explained
within business, addressing major factors of how legal actions shall be taken and how law
provides various working scenarios among commercial law findings (Parker Jr, 2019).

REFRENCES
Books and journals
Bhagat, S. and Bolton, B., 2019. Corporate governance and firm performance: The
sequel. Journal of Corporate Finance. 58. pp.142-168.

Bowden, M. M., 2019. The Professor Anthony J. Santoro Business Law Lecture Series
Presents Becoming A Valued Business Lawyer.
Jones, L., 2019. Introduction to business law. Oxford University Press, USA.
Lagasio, V. and Cucari, N., 2019. Corporate governance and environmental social
governance disclosure: A meta‐analytical review. Corporate Social
Responsibility and Environmental Management, 26(4), pp.701-711.
Parker Jr, L.V., 2019. Corporate and Business Law. U. Rich. L. Rev.. 54. p.73.