Unit 5 Elements of Valid Contract in Business - Level 4

Unit 5 Elements of Valid Contract in Business - Level 4 (Diploma in Business)

Task 1

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

1.2 Explain and discuss the impact of the different types of contract

1.3 Explain and analyze the different forms of contractual terms

Task 2

2.1 Apply the law on essential elements to the scenario

2.2 Apply the law on terms to the scenario

2.3 Evaluate what remedies are available to Eric

Task 3

3.1 Contrast liability in tort with contractual liability

3.2 Explain the nature of liability in negligence

3.3 Explain how a business can be vicariously liable

Task 4

4.1 Apply the elements of the tort of negligence and possible defences which could be used by the defendants

4.2 Apply the law on vicarious liability

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