LESSON OBJECTIVE
Assessment Criteria AC 2.1 Apply the elements of contract in given business scenarios Below are questions pertaining to lesson 4. Please ensure to answer each question correctly. Exercise 1: CONTRACT This exercise is about offer and acceptance. John, a homeowner, answers the telephone and listens to a solicitor make a five-minute sales pitch for Weed Gardening Services. John responds, “No, thank you,” and hangs up. Two days later, John returns home from work to find a crew gardening in his yard and a bill for $200 sitting on the porch. When John tells the Weed representative that he never asked for this service, Weed responds by saying, “It looks much better, doesn’t it? You got the service, now pay for it.” John agrees that the work was of good quality, but refuses to pay for it. He is later served with a summons to appear in magistrate court because of this dispute. How should the judge rule? A. For Weed Gardening Services, because Weed performed good quality services for John. B. For John, because he did not accept Weed's offer. Exercise 2: CONTRACT offer and acceptance. Harry drops by Mack’s house and finds him working on his old pickup truck in the driveway. Mack kicks the truck and exclaims to Harry, “This piece of junk isn’t worth a tank of gas – you can have it.” Harry says thanks and the next day comes by with his SUV to tow away the pickup. Mack stops him and says the truck is working now. Harry goes to court and claims that the truck Mack promised him was worth $500 and Mack should pay him that amount. How should the judge rule? A. For Mack, because there was no consideration for the transaction. B. For Harry, because Mack promised him the pickup truck, and that created a contract. C. For Mack, because Harry never accepted his offer. Exercise 3 A BREACH OF CONTRACT Green Company has a contract with Red Company to buy 400 golf balls, to be delivered to Green Company on July 16. The contract states that “time is of the essence.” On July 18, Red Company delivers the 400 golf balls to Green Company. Green Company refuses to accept the golf balls because of the delay and sues Red Company for breach of contract. How should the judge rule? A. For Green Company, because the late delivery of golf balls constituted a material breach. B. For Red Company, because the delivery was only two days late.
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LEARNING OUTCOME: Understand The Essential Elements Of A Valid Contract In A Business Context9/12/2016 LESSON OBJECTIVE
Assessment Criteria AC 1.2 Discuss the impact of different types of contract Below are questions pertaining to lesson 2. Please ensure to answer each question correctly. 1. Name TWO (2) ways in which an offer comes to an end. 2. What principle is to be extracted from the case of Hyde v Wrench (1840)? 3. In a sentence or two explain the postal rule. 4. What are the two main presumptions the law makes with respect to intention to create legal relations LESSON OBJECTIVE
Assessment Criteria AC 1.1 Explain the importance of the essential elements required for the formation of a valid contract Below are questions pertaining to lesson 1. Please ensure to answer each question correctly. 1. What are the key elements of a valid contract. 2. What is an offer? 3. What is an invitation to treat? 4. How does the law treat advertisements, that is, are they regarded as offers or invitations to treat? This is a scholarly, higher education and professional forum for Intelligent Conversations. Only Questions, Posts and Scholarly Information related to Unit 5 are allowed.
Unit 5 Dialogue Group is a great medium for us to share individual analysis on how the law of tort differs from the law of contract and examine issues of liability in negligence relating to business and how to avoid it. I will be uploading videos and/or review notes for each week's lesson. You will answer ALL the Review Questions posted weekly for each lesson. There will be Eleven (11) Posts in total over the next 12 Weeks. To Earn The 10% Grade from this forum, you MUST answer the review questions by Sunday of each week. You will be penalized for Late Posts. You cannot cut and paste information on my board. These will be deleted promptly and you will be immediately given an 'F' Grade. It is not necessary to cite your own ideas provided, but it is advisable at this level to validate your work through referencing. Plagiarism is a crime punishable by expulsion. I will be using a register to record your excellent and anticipated participation in Unit 5 Dialogue. At the end of the semester, if you answer all weeks and on time you will earn an A Grade - Full Marks. If you miss more 4 or more posts or make 4 late posts, you earn an 'F' Grade. Your commitment and participation in your learning at Colbourne College speaks to your character and ability to meet professional requirements and developments. You will post twice per week. This will be to answer the Review Question or Pose a Question to your peers or the dialogue group moderation. Students can have good cross-discussions among themselves to stimulate critical thinking and build quality conversations. Be Engaged! Be Informed! REMEMBER! If you do not PASS Unit 5 Forum by consistent, robust and sustained dialogue, you WILL fail the entire Unit 5 Course. My only objective is to help you pass UNIT 5. This means posting relevant review questions from each lesson and getting you engaged in the course content. I review all posts that you make. I plan on making your learning and experiences in Unit 5 Dialogue Group focused, diverse, fun, engaging and interactive. By starting this unit and with expectation to Pass the course, you hereby accept this challenge. If you accept, you may begin. ABOUT BTEC L5 CURRICULUM FOR UNIT 5 ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS UNIT OVERVIEW The unit introduces the law of contract, with a particular emphasis on the formation and operation of business contracts. You are encouraged to explore the content of these agreements and then develop skills relating to the practical application of business contracts, including offer, acceptance, intention, consideration and capacity. LEARNING OUTCOMES On successful completion of this unit you will: 1 Understand the essential elements of a valid contract in a business context 2 Be able to apply the elements of a contract in business situations 3 Understand principles of liability in negligence in business activities 4 Be able to apply the principles of liability in negligence in business situations. |
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November 2016
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