Unit 5 ACND Contract Business Types - Level 5

Unit 5 ACND Contract Business Types - Level 5 (Diploma in Business)

Task 1

LO 1.1

In the given tasks, the main elements required for the formation of contract is evaluated.

LO 1.2

Face to face contracts:

Written contracts:

Distance selling contracts:

LO 1.3

Conditions:

Warranties:

In-nominate terms:

Exclusion clauses:

Task 2

LO 2.1

Case 1: Aspect of contract formation

Case 2: Consideration

LO 2.2

Case 3: Clauses which are made part of the contract

Case 4: Contract

LO 2.3

Case 5: Insurance company vs policy holder

Case 6: Condition or warranty

Task 3

LO3.1: Law of contract and law of tort

LO 3.2: History of law of negligence

LO 3.3: Theory of vicarious liability

Task 4

LO 4.1:

Case 7: Muirhead v Industrial Tank Specialities

LO 4.2

Case 8: Vicarious liability

Case 9: Colonial Mutual Live Assurance Society v The Producers and Citizens Co-operative Assurance Co of Australia (1931)

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