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Unit 5 Aspects of Contract Negligence in Business Law - Level 4

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Unit 5 Aspects of Contract Negligence in Business Law - Level 4 (Diploma in Business)

Introduction

Information related to the aspects of contract that help in identifying the terms which are involved while forming a contract will be discussed in this report. The report will help in understanding the importance of determining different types and nature of contract. It will help in understanding the terms and relation with the performance of the contract, study of the elements which helps in formation of the contract are also to be analyzed. The different type of liabilities under the law of tort are also provided to study the impact of the performance and non-performance of the duties.

Task 1

LO 1.1: Presence of various elements which helps in forming the standard contract

Acceptance:
Consideration:
Intent:
Capacity:
Privity:

LO 1.2: Expectation and arrangement come across in the contract while forming a contract according to Peter Abraham

LO 1.3: It is necessary that assurance should be made by Peter Abraham while creating the contract it becomes necessary that its terms and remedy should be determined at the time of the breach. Below table will help in delivering better understanding to him:

Task 2

LO 2.1

Case 1: Advertised the sale of couch

Case 2: Lampleigh v Braithwait

LO 2.2

Case 3: Couple vs Restaurant

Case 4: Tenancy expenses in renovating the property

LO 2.3

Case 5: Policy holder vs policy company

Case 6: Theft Claim

Task 3

LO 3.1: Difference between the tortuous liability and the contractual liability

LO 3.2: Act of negligence

LO 3.3: Effect of the duty

Task 4

LO 4.1

Case 7: Professional negligence

LO 4.2

Case 8: Vicariously liable for the accident

Case 9: Employee being vicariously liable


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