Unit 5 Aspects of Contract and Negligence for Business - Level 5

Unit 5 Aspects of Contract and Negligence for Business - Level 5 Diploma in Business (Marketing)

Task 1 Explain the essential elements of a valid contract in a business context

LO 1.1 Explain to Peter Abraham how a contract is formed and the importance of the various elements which has to be present to form a contract.

LO 1.2 Discuss the impact of forming contracts (as it may apply to Peter Abraham) by means of

LO 1.3 Give an analyses of the following terms in contracts with reference to their meaning and effect (including remedies and damages) as it may apply to Peter Abraham.

Task 2 Apply the elements of a contract in business situations

LO 2.1 Apply the elements of contract in the given business scenarios below;

Case 1 - Agreement

Case 2 - Consideration

LO 2.2 Apply the law on terms in the following cases

Case 3 - Exclusion clause

Case 4 - Implied term

LO2.3 Evaluate the effect of different terms in the given cases

Case 5 Damages and compensation

Case 6 Basic terms that are normally found in any contract

Task 3 Explain the principles of liability in negligence in business activities

LO 3.1 Explain the similarities and differences (contrast) of liability in tort with contractual liability using an example.

LO 3.2 Explain using suitable example how liability for negligence can arise and the conditions needed to be met for a claimant to successfully prove negligence.

LO 3.3 Explain what vicarious liability means and how a business such as your organisation can become vicariously liable giving example.

Task 4 Apply the principles of liability in negligence in business situations

LO 4.1 Apply the elements of the tort of negligence and defences in the given business scenarios below;

Case 7

LO 4.2 Apply the elements of vicarious liability in given business situations below (Cases 8 and 9);

Case 8

Case 9

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