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Aspects of Contracts

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Aspects of Contracts
.1 Explain the importance of the essential elements required for the formation of a valid contract in the following situations: P1.1
1. Temporary daily wages Worker doing work and following instructions from the supervisor

2. Tenant staying in an apartment

3. Contractor working on project site

4. Customer in an Amusement Park

5. Buyer and Seller of Consumer Product like Body Lotion

Guidelines: You need to specify the essentials of the contract like written terms, verbal, implied etc, terms & conditions, validity, the area of application, acceptance & intent in each situation to achieve P1.1

1.2 Discuss the impact of the contract on the parties who have signed it and also on the others P1.2

Guidelines: You need to explain how the signing of the contract between the site Owner and contractor has impact on the two parties and also on others like subcontractors, customers, site inspectors etc regarding factors like Health & Safety, compensation, non-compliance etc

1.3 The following is a part of contract between contractor and Owner of a site

“OWNER/CONTRACTOR AGREEMENT

THIS CONTRACT made this 21st day of October, 2011, by and between Nakeel LLC hereinafter called “Owner” and AL Tawir hereinafter called the “Contractor.”

WITNESSETH: Mr. Imran Hussain and Mansoor Khan

That the Owner and the Contractor, for the considerations hereinafter named, mutually agree as follows:

ARTICLE I

CONTRACT DOCUMENTS

The Contract Documents shall consist of the Construction Rehabilitation Contract, Conditions of the Contract (General, Supplementary and Other Conditions), Attached Sketches and Noted Photos, Specifications, Addenda issued prior to execution of this Agreement, other documents listed in this Agreement and Modifications issued after the execution of this Agreement; these form the Contract and are as fully a part of the Contract. The Contract represents the entire and integrated

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