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Unit 5: Common Law I

The aim of this unit is to provide an introduction to the law of contract, with a particular focus on the formation and operation of a business contract. Learners are encouraged to explore the contents of such an agreement and, in particular, to appreciate the practical application of standard-form business contracts. Additionally, the unit enables learners to understand how the Law of Tort differs from the law of contract and examines the Tort of Negligence and issues of liability pertinent to business.

Summary of learning outcomes

To achieve this unit a learner must:

  1. Understand the essential elements of a valid and legally binding contract and its role in a business context
  2. Explore the significance of specific terms in a business contract
  3. Examine the role of the Law of Tort in business activities assessing particular forms of tortious liability
  4. Understand and apply the elements of the Tort of Negligence.

Suggested Reading

An Introduction to the Law of Contract (Clarendon Law)

Contract: Cases and Materials

Cheshire, Fifoot and Furmston's Law of Contract

Contract Law

Tort Law

Harvey and Marston - Cases and Commentary on Tort

Law of Torts (Blackstone's Study Packs)

Textbook on Torts (Textbook)

Law of Torts (M & E Handbook)

Treitel on the Law of Contract

Cases and Commentary on Contract Law

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Old Unit 5

If you are looking for information relating to Quantitative Techniques for Business please see our archived pages also have a look at Unit 6: Business Decision Making,

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