ASSIGMENT

CONTENTS PAGE
INTRODUCTION ………………………………………………………………………. PG
LO1 UNDERSTAND THE ESSENTIAL ELEMENTS OF A VALID CONTRACT IN A BUSINESS CONTEXT
1.1 Explain the importance of the essential elements required for the formation of a valid contract ………………………………………………………….. PG
1.2 Discuss the impact of different types of contract …………………….. PG
1.3 Analyse terms in contracts with reference to their meaning and effects ………… PG

LO2 BE ABLE TO APPLY THE ELEMENTS OF A CONTRACT IN BUSINESS SITUATIONS
2.1 Apply the elements of contract in given business scenarios ……….. PG
2.2 Apply the law on terms in different contracts ……………… PG
2.3 Evaluate the effect of different terms in given contracts ……………….. PG

LO3 UNDERSTAND PRINCIPLES OF LIABILITY IN NEGLIGENCE IN BUSINESS ACTIVITIES
3.1 Contrast liability in tort with contractual liability …………… PG
3.2 Explain the nature of liability in negligence ………. PG
3.3 Explain how a business can be vicariously liable …………. PG

LO4 BE ABLE TO APPLY PRINCIPLES OF LIABILITY IN NEGLIGENCE IN BUSINESS SITUATIONS
4.1 Apply the elements of the tort of negligence and defences in different business situations ……………………….. PG
4.2 Apply the elements of vicarious liability in given business situations …………. PG

Conclusion

Reference Page

INTRODUCTION
Aspects of Contract and Negligence in Business Management

The aim of this assignment

The English legal system
Contract
Tort

This assignment will be divided into two parts, Part A consisting of two tasks and Part B also consisting on two task.

Part A of this assignment looks at Contract. Task 1
Part B of this assignment looks at Tort of Law

Bilateral and Unilateral Contracts
Bilateral contracts are based on promises which are made between two people whilst unilateral contracts offers permits one person to make a promise for an exchange of a completed specified act or task. In order for these two contracts to be legally bind and be valid, the terms and