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Aspects of Contract

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International Plato University Assignment Brief | Title of Qualification:Edexcel BTEC Level 5 HNC Diploma in Business | Unit title: Unit 5 Aspects of Contract and Negligence for Business | Unit code(s): Y/601/0563 | Learner: Aliya Theriault | Assessor:Svetlana Begalieva | Internal Verifier:Dinara Bobusheva | Title of Assignment:“Tramways Advertising v Luna Park”Grading criteria: P1.1, P1.2, P1.3, P 2.1,P 2.3,M1,M2,D1Related learning outcomes:LO 1: Understand the essential elements of a valid contract in a business context.LO 2: Be able to apply the elements of a contract in business situations. | Assignment Number:__1__of __2__for this Unit | Date assigned:September 25, 2013 | Date of review:October 18, 2013 | Date for final submission:October 25, 2013 | Learner declaration:I confirm that this assignment is my own work and any assistance received has been acknowledged and all sources have been stated.Signature: Date: October 25, 2013 | Scenario:First business scenarioThe tenant rent apartment for an eight month period. He will pay $ 800 per month. After the tenant had moved out, and when the property was left unoccupied. The tenant had decided to leave the property and early termination of the contract was agreed to by the landlord on the basis that replacement tenants were found. According to the scenario; apply and describe the elements of contract in formation of Rental Contract.Second business scenarioAs an employer, you want an employment contract that protects you and your business, while ensuring a suitable work environment for your employee. When both interests are equitably served, your company and your employee reap benefits. Providing an employment contract essentially replaces the standard hiring understanding between you and your...

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