Unit 5 Essential Elements of Contract law in Business-Level 5

Unit 5 Essential Elements of Contract law in Business

Level 5

LO 1.1 Explain the importance of the essential elements required for the formation of a valid contract

LO 1.2 Discuss the impact of different types of contract

LO 1.3 Analyze terms in contracts with reference to their meaning and effect

Task 2  Be able to apply the elements of a contract in business situations:

LO 2.1 Apply the elements of contract in given business scenarios

LO 2.3 Evaluate the effect of different terms in given contracts

Task 3 Understand principles of liability in negligence in business activities:

LO 3.1 Contrast liability in tort with contractual liability

Task 4 Be able to apply principles of liability in negligence in business situations:

LO 4.1 Apply the elements of the tort of negligence and defenses in different business situations

LO 4.2 Apply the elements of vicarious liability in given business situations.

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