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:
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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