CHECK THESE SAMPLES OF Business Law - The Law of Contract
It was published in 1952 to harmonize the law of sales and other commercial transactions in the United States.... Regardless of the type of business an individual runs, it is important to have an understanding of contract law as it is the key to making sound business agreements that can be enforced legally in the event of a dispute.... the law was written by the National Conference of Commissioners on Uniform State Laws (NCCUSL) and the American Law Institute (ALI)....
4 Pages
(1000 words)
Essay
2013) Business Law the law of contract operates on the basis of various rules, which determine whether a contract really existed or it did not, and thus establishes its enforceability through a court of law.... business law Grade Course (7th, March.... hellip; The foundation of a contract is that it is entered into by two willing parties, whose agreement intends to create a legal obligation (Koffman & Macdonald, 2007).... Nevertheless, the fundamental elements of a contract are the offer and acceptance, which should be done by two sound individuals....
7 Pages
(1750 words)
Essay
The validity and the enforceability of the contract depend on the provisions of the laws that cover the kind of contract that was formed.... contracting party who violated the terms or conditions of a contract may be sued for breach of contract in a trial court.... Breach of contract may be committed if there is a valid or binding contract or when a contract was already formed.... A person who is in good faith or who is innocent cannot be sued if there is a breach of contract....
6 Pages
(1500 words)
Essay
To be specific, an agreement becomes a contract only if it has some distinguished features.... To begin with, in simple term, “a contract is an agreement enforceable at law made between two or more persons by which rights are… Obviously, the definition insists that an agreement must be enforceable by law in order to be valid.... The first and foremost thing essential for the formation of an agreement and then a contract is an offer.... nother essential element of a valid agreement and contract is the proper communication regarding offer and acceptance....
6 Pages
(1500 words)
Assignment
This assignment "Contract and Agency business law" focuses on the case study where the Executives of ABC made an offer to their employees about them staying in the company despite the present conditions as the company would soon be merging with another company.... nbsp; Contract and Agency business law Who wins?... business law.... The consideration of the contract, in this case, was the fact that each party was contributing something to the deal and hence the agreement....
1 Pages
(250 words)
Assignment
In the following assignment "contract Law: Types of Business Contracts and its Forming", the author seeks to concern the general rules of creating contracts inside a business company employees as well as making ones in order to come for an agreement about the cooperation.... hellip; The four essential elements of a valid contract involve an offer, acceptance, intention of legal consequences and consideration.... Execution of such contract depends on the good faith of both parties....
6 Pages
(1500 words)
Assignment
It is not stated any where in the agreement that training and offering consultancy services is unlawful by either the supreme law of the land, the statutes or any other enacted legal codes of the country.... The author examines the 3-year agreement signed in between the Susan Glass and the managers and concludes that all the facts presented in the case, it appears that the offeror, breached the contract by dishonestly concealing some material facts about her then current contracts with the managers … Susan's case presents a typical example of how contracts can are entered into between two parties....
6 Pages
(1500 words)
Case Study
This work called "Business Law" describes the law of contract on the case example of Colin's Computer and Geoff's Gym.... The author takes into account the elements of the contract, focuses on whether a contract occurred, who is liable for the breach of the contract, and whether the contract is enforceable through a court of law if at all it occurred.... hellip; Nevertheless, the fundamental elements of a contract are the offer and acceptance, which should be done by two sound individuals....
7 Pages
(1750 words)
Case Study
