Law and Authority
Identify and analyse the contractual issues arising from the hypothetical problem. In doing so, you should express a view as to the relative strength of the parties’ positions, and their prospects of success if the dispute were to be litigated.
Note – You should not take sides, but analyse all of the issues involved in the arrangements between the parties. You should only address issues covered in the first 6 weeks of the course.
You must use the ISAAC / IAC methodology. In essence you should:
Identity issue
State the Law and Authority
Apply the Law
Reach a Conclusion
The word limit for this assignment is 1,700 words.
……………………Answer preview…………………..
Contracts represent legal agreement between two or more parties in which they mutually decide and agree on specific terms. In this case therefore, contracts are legal binding agreements. As opposed to doing things traditionally, contracts provide a more formal and legal framework that informs certain decisions and actions. Because contracts are legally binding, people entering into it must take time to review the terms by reading through every section. In case one does not understand any clause one should get a legal adviser to help in interpretation……………………………..
APA
1468 words