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Home Solutions 1.1 Explain the importance of the essential elements
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Learning outcomes
On successful completion of
this unit you will:
Assessment Criteria:
1.1 Explain the importance of the essential elements
required for the formation of a valid contract
1.2 Discuss the impact of different types of contract
1.3 Analyse terms in contracts with reference to their
meaning and effect
LO2
Be able to apply the
elements of a contract in
business situations
2.1 Use business scenarios/cases to demonstrate how four of the elements of contract apply to the business
2.2 apply the law on terms in different contracts
2.3 evaluate the effect of different terms in given contracts
LO3
Understand principles of liability in negligence in
business activities
3.1 contrast liability in tort with contractual liability
3.2 explain the nature of liability in negligence
3.3 explain how a business can be vicariously liable
LO4
Be able to apply principles of liability in negligence in
4.1 apply the elements of the tort of negligence and
defences in different business situations
4.2 apply the elements of vicarious liability in given business situations.
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