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Unit 21 – Aspects of Contract and Business Law D1, D2

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Unit 21 – Aspects of Contract and Business Law D1, D2
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Unit 21 – Aspects of Contract and Business Law

Assignment
Unit 21

Candidate Full Name:
Date issued:

Candidate Number:
Date due for return:

Teacher:
Mr M Tissot
Date submitted:

Email:

Learning Outcomes

When you have finished this unit you should:

1 Be able to apply the requirements for a valid contract

2 Understand the impact of statutory consumer protection on the parties to a contract

3 Understand the meaning and effect of terms in a standard form contract

4 Be able to apply the remedies available to the parties to a contract.

Unit content

1 Be able to apply the requirements for a valid contract

Contracts: definition; types; verbal, written, standard form; offers — distinguishing invitations to treat; counter-offers; communication of offers; acceptance; the battle of the forms; consideration and the Contracts (Rights of Third Parties) Act 1999; capacity as applied to business situations; application of Requirements

Factors which invalidate/vitiate: misrepresentation; others in outline, eg mistake, duress, undue influence

2 Understand the impact of statutory consumer protection on the parties to a
Contract

Types of term: express, implied; distinction between express and implied
Impact of contractual terms: time for performance and rejection of goods; price variation; payment terms; quality and quantity of goods delivered; reservation of title; exclusion clauses; Standard form contracts

Impact of statutes on common contractual terms: up to date legislation — Unfair
Contract Terms Act 1977, Unfair Terms in Consumer Contract Regulations 1994, the Consumer Protection (Distance Selling) Regulations 2000 (as amended); the Electronic Commerce (EC Directive) Regulations 2002

3

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