Business Law and Ethics_ BA in Business (GC01733)

Table of Contents

1.0 Introduction.

2.0      Discussion.

2.1 Contract law and blueprints of a contract

Definition of contract law.

Blueprints of a contract

2.2      English legal system and advice for the parties.

Structure of English court

English legal system.

Classification of English law.

Advice for the parties above which court(s) action to pursue.

2.3 Advise Hilary regarding the contracts that exists between herself and other parties.

2.4 Various remedies available to the parties.

3.0 Conclusion.

References.

1.0 Introduction

Business ethics can be defined as the discipline of ethics which are applied in order to address the ethical characteristics of the commercial movement. The business-related law which is related to business contracts, employer-employee relations, sales, and customers’ relationship with the business is known as business law. In this paper, the main focus is on the business contract. A brief discussion about the business contract is provided here. At first various definitions of contract and an acceptable blueprint of the contract are emphasized. After this discussion, the structure of the English court along with the English legal system is also described in this paper. The formation of a contract is analyzed in the three cases of the case scenario. And finally, the available remedies to the parties are discussed.

2.0Discussion

2.1 Contract law and blueprints of a contract

Definition of contract law

Contract law is part of the law which deals with the creation and enforcement of contracts. Contract law also referred to as the field of law that provides for fair redress in the event of a breach of contract execution, management and operation (Anderton, 2019).

Blueprints of a contract

Blueprints of a contract consist of offer, acceptance, consideration, legality, contractual intention, and contractual capacity.

Offer

The primary fundamental of a contract is offered. An offer can be a job that promises to do something or to refrain from doing something. Equally, sides are essential to understand because they have a very important function in making contracts (Malia, 2018). A few offers await the actuality that the individual on the other end of the contract has to promise a refund in the event of a specific proceed otherwise change in abstaining activities as compensation.

Acceptance

An acceptance is an account through the offeree in agreement to the offer from the offeree. Acceptance should be apparently communicable and an offer has to be fully accepted. If no acceptance is given, a counter offer may come. Whichever circumstances described in the offer should be complied with in advance and said to have been accepted (Malia, 2018).

Consideration

Consideration is the most vital part of a contract because the parties are concerned in the past-acceptance phase turns the offer some valuable things (Cage, 2017). This section envelops the offer and the statement made through the both offeror and the offeree.

Legality

Legality is the section of the contract that’s act is quite basic and straightforward. The validity of a contract suggests that the rules, regulations and conditions are dependable through the law. Sometimes the contract may be considered invalid for the lack of precision and value of the subjects (Cage, 2017).

Contractual intention

Contractual intention holds the most considerable part for any kind of contract. There will be a contract of this part that is not a contract in the stringent logic unless it is lawfully enforceable (Cage, 2017). If a contract has no intention of creating a lawful relationship, the contract may be put through litigation.

Contractual capacity

Another name for contractual capacity is contractual competence that deals with a person’s capacity to take part in an applicable contract. Several categories of individuals are noticed who are not lawfully able to enter into contracts such as minors, the mentally handicapped as well as drunk people (Malia, 2018).

2.2 English legal system and advice for the parties

Structure of English court

According to Scott (2019) structure of the English court consist of the Supreme Court and judicial committee of the Privy Council, the court of appeal, the High Court, the Crown Court and County Courts and finally Magistrates’ Courts and the Tribunals Services.

English legal system

The United Kingdom is a legitimate dominion. The court of England and Wales administrates the English law with lawfully approaches and systems which give judgment in both civil and criminal cases (Babbitt, 2018). English law is foundation on the ideology of common law…………………….

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