Busm35400: Business Law Legal Assessment Answer
Assignment Task:
Learning outcomes to be covered by this assignment:
- Explain the basic concepts of Business Law such types of law, contract making process and types of the contracts.
- Know the procedures for resolving business disputes.
- To become proactive to avoid damaging claims without further referring to lawyers.
Scope of the Assignment
This assignment aims to help in developing independent as well as collaborative learning skills. Students are expected to work in groups for completing the assignment applying conceptual, analytical and problem-solving skills. Student can complete the assignment by using online /library resources.
WRITE AT LEAST 300-350 WORDS ON EACH ON THE FOLLOWINGS
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Why the study of Business law is important? Provide relevant examples or discuss some cases to support your answer.
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What is Contract Law? Discuss the Sources, Elements and types of contracts in details. (Students are advised to use the real-life examples while explaining the types of contracts).
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Discuss the complete procedure/steps discussed in the formation of a contract. Explain different types of offer and acceptance in case of tenders.
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Define Law and elaborate on all the types, sources of law. What is the Rule of law? Discuss all elements of the law.
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