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B.A BUSINESS STUDIES BUS361 BUSINESS LAW.  Critically discuss the advantages and disadvantages of the doctrine of judicial precedent.  Critically discuss.

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Presentation on theme: "B.A BUSINESS STUDIES BUS361 BUSINESS LAW.  Critically discuss the advantages and disadvantages of the doctrine of judicial precedent.  Critically discuss."— Presentation transcript:

1 B.A BUSINESS STUDIES BUS361 BUSINESS LAW

2  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  3,000 words  No plagiarism  Cover page  Bibliography  References  Case law

4 Introduction to Contract Law

5  Legally enforceable Agreement  Two or more parties  Specific terms

6  Offer  Acceptance  Consideration  Intention to create legal relations

7  Executory Consideration  Executed Consideration

8  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

9  Social and domestic agreements  Commercial agreements

10  Counter Offer  Invitation to Treat

11  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

12 A misrepresentation is a false statement of fact or law which induces the representee to enter a contract.

13  Innocent misrepresentation  Negligent misrepresentation  Fraudulent misrepresentation.

14 Thank you for your attention!


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