Aspects Of Contract And Negligence For Business

3738 Words15 Pages
Aspects of Contract and Negligence for Business Module Title:: Aspects of Contract and Negligence for Business Student Number:: 47696 Student Name:: Georgi Nikolaev Duchev Group:: I Higher National Diploma (HND) in Business British Institute of Technology & E-Commerce Submission Date: 19-01-2015 Executive summary For our everyday purpose, we have to meet with different category people. Due to the blessings of globalization, now, we people have been able to communicate with people from outside of our country. Globalization system has made it easy for us to express our needs and demand to outside of the world and get the best solution. All these developments have made our business world faster than ever and this trend is still going on. But to take any sort of massive or minor project, we have to sit with many different parties and make lawful agreement with them so that one party can demand for their legal right if necessary. This assignment has been designed completely on aspects of contract. How a contract can be formed and what are the necessary elements for the formation of a contract have been comprehensively explained here. Table of Contents Executive summary ii Introduction 1 01 Initial evaluation 1 1.1 Explanation of the importance of essential elements required for the formation of a valid contract 1 1.2 The impact of three methods in terms of forming and binding enforceable contract under the English Law. 2 02 Initial Business situations 4
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