Level 4 Business Law and Ethics Assignment 1 (GC01738)

Table of Contents

1.0        Introduction.

2.0 Discussion.

2.1 Contract law and the blueprints of a contract

2.2 Explain the court system in relation to the English legal system and advise the parties above which court(s) action to pursue.

2.3 Advise Hilary as to whether binding contracts exist between herself and each of the following people: Eleanor, Amy, and Olivia.

2.4 Explain and discuss the various remedies available to the parties.

3.0 Conclusion.

References.

1.0   Introduction

The law of contract is a very important law which is stated by the government of a country. Generally, it aids to ascertain the various things which are involved in the creation of a country’s laws like land laws, crime activities laws, geographical area-related laws, internal and external laws (Ronald, 2017). A list of elements is basically helped to form a formal law which is discussed later part of the report. The court of a country plays the role of the controller of the law of this country, if any disputes are found then they will take necessary action regarding the problems. Basically, four types of court systems are specified for resolving any disputes. According to the court system, a general procedure has to select for identifying the problems and they are liable to re-structure the law which will be appropriate for future action or any field of activities. In this report, the author is focused on different types of aspects which are related to contractual relationships. I will help to identify various types of features of contract law and also help to know how these laws are formed within in country broader.

2.0 Discussion

2.1 Contract law and the blueprints of a contract

The English law of contract is stated to be the principle of law that facilitates in controlling the law of contract that is created in England and Wales. When the revolution of industry in the country made this law found its roots in the LexMercatoria and imply in the judiciary of different activism of the country. In general, words, when a person offers to another person and this person accepts the offer from the first person in a legal way then it is considered a common contract between two parties. According to the aspects of parties or aspects of the subject of the contacts, the form of contract can be different types and offer and acceptance of the contract can be different form based on these elements (Ronald, 2017).In 20^thcentury the modern law of contract is made at the time when the revolution in the industry took place and this law is the rudimentary creation of this revolution in the country. The base of all European laws of contact is formed from the period of ancient times. In a contract or an agreement, there are some elements that have to be done in order to form the legality of the contract or agreement which are prescribed the law of the country and obviously it should be recognized by the law at the time of formation of a contract or an agreement. Basically, three elements found in a legal contract, are a consideration, agreement and contractual intention (Lister, 2016).

An agreement should be made between the parties which are considered to be the first requisite in order to create a contract or an agreement. An agreement is made only this time when a party offers to another party and another party accepts the offer in a legal way or pre-specified way. The law enforcement agency like the court is selected to analyze the contract whether the contract is made legal way or not (Khuder, 2019). The following part is demonstrated other things which are related to the creation of contract……………….

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