Category: Contract Law

  • Contract Law for the Most Common Types of Businesses

    Table of Contents Introduction Contract Creation and Negotiation Contract Liability The Ability to Sell a Business Conclusion References Introduction Business owners have to create a contract to outline the authorities and responsibilities of each individual of the entity. Usually, this is done within the legal documents of the business organization. The particular position of each…

  • Contract Law Case: Charlie vs. Best Bargain

    Table of Contents Issue Rule of Law Analysis Conclusion Work Cited Issue Will Charlie prevail against Best Bargain Stores after he was denied a General Electric Smart Front Load Washer for $1.00 that was advertised? Rule of Law Advertisements made to the public normally do not amount to an offer but are considered as an…

  • Business Law: The Terms Used in a Contract

    Table of Contents Introduction The Unlucky Golfer The Unlucky Tradesperson The “ABC” course Clauses Conclusion Reference List Introduction Since business is a part of the country’s economy and society, it cannot officially exist outside the law. The two main sources of legislation in Australia are case law and governmental bodies (Gibson and Osborne, 2020). The…

  • Contract Law: Legal Case Studies

    Case Study 1 According to Australian law, a contract is a covenant or understanding that could be enforced by a legal process. “In Australia, contract law is primarily regulated by the ‘common law’, but increasingly statutes are supplementing the common law of contract – particularly about consumer protection.” (Contract law 2009). In this case study,…

  • Consideration in the Law of Contract

    Table of Contents Introduction The Evidence of Consideration’s Efficiency Contract and Contract Law Consideration Considerations’ Effects on Contracts Promises Binding Without Consideration Conclusion References Introduction In the epoch of Capitalism, the law of contract is widely used in political, social, and economic aspects of life. The purpose of contracts is to establish legal relations between…