Evaluate the influence different stakeholders exert in one organisation
Student name
Level
QCF Level 3: BTEC National
Unit number & title
Unit 21: Aspects of Contract & Business Law
Credit value
10
Assessed by
Date issued
Deadline date
Brief Internally verified
Date
Signature
Aim and purpose
This unit introduces you to the operation of the law of contract as it applies to businesses. You will also apply to consumer situations and consider the meaning and effect of standard form contracts.
Unit introduction
A business can only make money legally by making contracts with other businesses and customers. Businesses want to make the terms of contracts favourable to themselves. All involved in a contract need to know the terms on which it is based so they understand their rights & obligations are understood and appropriate action can be taken if the contract is not followed properly. Many businesses try to minimise their responsibilities under a contract, and the law attempts to support the customer’s interests and rights.
You will consider rules for making contracts and understand the legal effect of each stage in negotiating a contract, up to the final agreement.
The law on misrepresentation and the terms in contracts are explored. It is important that you understand the meaning of express & implied terms in a contract, considering the use of key terms e.g.terms relating to payment can be analysed as implied terms found in law and the remedies available for not following the terms of a contract.
Exclusion clauses that try to remove some liability for one party’s breach of contract are common in written contracts, yet these terms often have no legal effect.
The law tries to balance freedom of contract with protecting the weaker party (usually a consumer) and this can be evaluated as part of the overall contract.
You will also consider the statutory consumer protection laws in relation to contracts for the sale and supply of goods and services, both face to face and at a
Level
QCF Level 3: BTEC National
Unit number & title
Unit 21: Aspects of Contract & Business Law
Credit value
10
Assessed by
Date issued
Deadline date
Brief Internally verified
Date
Signature
Aim and purpose
This unit introduces you to the operation of the law of contract as it applies to businesses. You will also apply to consumer situations and consider the meaning and effect of standard form contracts.
Unit introduction
A business can only make money legally by making contracts with other businesses and customers. Businesses want to make the terms of contracts favourable to themselves. All involved in a contract need to know the terms on which it is based so they understand their rights & obligations are understood and appropriate action can be taken if the contract is not followed properly. Many businesses try to minimise their responsibilities under a contract, and the law attempts to support the customer’s interests and rights.
You will consider rules for making contracts and understand the legal effect of each stage in negotiating a contract, up to the final agreement.
The law on misrepresentation and the terms in contracts are explored. It is important that you understand the meaning of express & implied terms in a contract, considering the use of key terms e.g.terms relating to payment can be analysed as implied terms found in law and the remedies available for not following the terms of a contract.
Exclusion clauses that try to remove some liability for one party’s breach of contract are common in written contracts, yet these terms often have no legal effect.
The law tries to balance freedom of contract with protecting the weaker party (usually a consumer) and this can be evaluated as part of the overall contract.
You will also consider the statutory consumer protection laws in relation to contracts for the sale and supply of goods and services, both face to face and at a