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Impact of different types of contract

Unit 5 Aspect of Contract Law in Business Assignment Help - Unit 5 Aspect of Contract Law in Business - level 4 BTEC Higher National Diploma In Business
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BTEC Higher National Diploma In Business - Unit 5 Aspect of Contract Law in Business - level 4

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Task 1:

Meaning of contract

Terms in contract and their effect

Impact of different types of contract

Task 2:

Case study 2: Offer and acceptance in the present case

Consideration in the present case

Intention of the parties in the present case

Exclusion clause

Task 3:

Case study 3: Unilateral Contract

Contrast liability in tort with contractual liability

Nature of liability in negligence

How a business can be vicariously liable

Unit 5, Aspect of Contract Law in Business, is an essential component of the Level 4 BTEC Higher National Diploma in Business. This unit focuses on the fundamental principles and concepts of contract law within the context of business transactions. Students will gain a comprehensive understanding of the formation, terms, and enforceability of contracts, as well as the remedies available for breach of contract. They will explore key topics such as offer and acceptance, consideration, intention to create legal relations, and the impact of statutory provisions on contract formation. This unit equips students with the knowledge and skills to effectively navigate contractual agreements and mitigate potential risks in a business environment.

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