Discuss the impact of forming contracts

Unit Name: Unit 5 Aspects of Contract and Negligence for Business - HND in Business

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Task 1:
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.
1.2: Discuss the impact of forming contracts
1.3: Give an analysis of the following terms in contract with reference to their meaning and effect as it may apply to peter Abraham

TASK 2
2.1: Apply the elements of contract in the given business scenarios below
2.2: Apply the law on terms in the following contracts
2.3: Evaluate the effect of different terms in the given scenario

Task 3:
3.1: Explain the similarities and differences of liability in tort with contractual liability using an example.
3.2: Explain using suitable example how liability for negligence can arise and the conditions needed to be met for ac claimant to successfully prove negligence.
3.3: Explain what the vicarious liability means and how a business such as your organization can become vicariously liable giving example.'

TASK 4
4.1: Apply the elements of the tort of negligence and defenses in the given business scenarios below:
4.2: Apply the elements of vicarious liability in given business situations below:

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