Presentation 6

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B.A BUSINESS STUDIES
BUS361
BUSINESS LAW
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Critically discuss the advantages and
disadvantages of the doctrine of judicial
precedent.
Critically discuss the effect of European Law
on the legislative and judicial system of
Member States.
Evaluate the advantages and disadvantages of
Alternative Dispute Resolution.
3,000 words
 No plagiarism
 Cover page
 Bibliography
 References
 Case law
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Introduction to Contract Law
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Legally enforceable Agreement
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Two or more parties
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Specific terms
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Offer
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Acceptance
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Consideration
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Intention to create legal relations
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Executory Consideration
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Executed Consideration
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Consideration must not be past
Consideration must be sufficient but need no to be
adequate
Consideration must move from the promisee
An existing public duty will not amount to valid
consideration
An existing contractual duty will not amount to
valid consideration
Part payment of a debt is not valid consideration
for a promise to forego the balance
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Social and domestic agreements
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Commercial agreements
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Counter Offer
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Invitation to Treat
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Parties
Definitions and Interpretations
Payment Provisions
Term of contract
A specific description of the goods or services that will be
provided under the contract including
Timescale
Limitation of liability
Termination provisions
Change of Control
Dispute Resolution
Confidentiality
Intellectual Property Rights
Warranties
Indemnity
Force Majeure
Applicable law
A misrepresentation is a false statement of fact
or law which induces the representee to enter
a contract.
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Innocent misrepresentation
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Negligent misrepresentation
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Fraudulent misrepresentation.
Thank you for your attention!
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