Law Essay

Introduction I keep recently been appointed as the revolutionary Training Manager. I have been asked to produce a discover which give help employees understand the law of exact, the interest composition contains - Essential elements of a Contract, The process of a contract, Il juralities, errors and mirepresentaion relating to a contract, good luck of contract and Remedies arising from breach of contract. 1. The Essential elements of a contract be as below - ·Agreement - For a contract to be binding there must be an discernment mingled with the parties to it on material respects. This means that if an offer is make because the espousal must meet the offer. (Introduction to handicraft Law, Page 5) · union - The parties must be leg in ally fitted of entering into a contract. (www.lawteacher.net_) ·Intention to be legally natural spring - The parties must have intended their agreement to have legal consequences. The law lead non concern itself with pur ely interior(prenominal) or affectionate agreements. in some cases, certain formality (this is writing) must be observed. (www.lawteacher.net) ·Formality - You need at least(prenominal) 2 parties as you cant have a binding contract with just one. (Introduction to Business Law, Page 6) ·Legality - The purpose of the agreement must not be illegal or opposite word to public policy. (www.lawteacher.

net) 2. The surgical operation of a contract formation - ·Offer - An offer is a statement or unravel of action which clearly indicates that the someone making it is willing to be legally bound. An offer has no eff ect until communicated to the offerree. ! ·Acceptance - An acceptance , like an offer will normally be do verbally or in writing. An acceptance must concord the offer in all material terms, it must not introduce new conditions or qualifcations, or it is regarded as a counter offer. (Counter offer acts as a rejection of the original offer, so that the original offer lapses and is no longer open for acceptance.) fauna and Wolf v Forfar spud Company (Contract Law Handout)...If you loss to get a generous essay, order it on our website: OrderCustomPaper.com

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