Business law case study
The business law case study is a particular category
of a case study that involves disputes between two different legal entities.
The case is related to a particular issue and the legal entities have to make
sure that they are doing their activities effectively towards the case under
consideration. The people involved in the case study look forward to making
sure that, they are trying to find out solutions to the problem and they are
likely to come up with proper solutions.
A law student will consider the usage of case studies. Based on the case
studies, the law student shall find out possible legal solutions. The legal
case studies considered are at times challenging and at certain times the case
studies also exciting for the students working upon the same.
Business Law
Business law is related to a set of laws that are
considered as highly functional in terms of resolving domestic or foreign
matters of business. The resolution of matters is carried out by way of a series
of official materials, meetings, and commercial materials. The business lawyers
provide help and assistance to their clients by way of the allegation and other
categories of relevant matters. A business law student looking forward to helping
his clients in the future needs to understand the law effectively.
Problems with Business Law
The first problem regarding business law is that it
is based on various jurisdictions. An appropriate case study writing service
requires relevant factors and mechanisms. Business law changes according to the
area wherein the law has been created. Therefore, an individual has to
understand the area where the law has been created and the details of different
kinds of laws have to be taken into account.
Case Studies
Regarding business law, various kinds of case studies
are taken into account. Regarding the case studies, one has to initially
understand the area and the law applicable. On understanding the area of
applicable law, it shall be easier for the person to find out how the tasks are
to be performed for finding a solution to the business law. Overall, the law
helps in performing the activities well and the achievement of goals.
Features of Business Law Case Study
In the course of business law case study, one of the
key areas to be considered includes the area regarding understanding how a case
study is to be written. There are certain components of business law case study
and the components do help in writing the case study effectively. Overall, the
case study writing helps in finding out ways of doing the tasks properly and
appropriately.
a. People involved in the case: The first component in the case
study is to identify the people who are involved in the case.
b. Facts of the case: After identifying the people
involved in the case, the next step is to find out the facts of the case. On
finding out the facts of the case, one can find out the actual situation in the
case.
c. Laws applicable: In every case, certain laws shall
be applicable. The laws shall help in analyzing the case. Based on the
analysis, the actual position of both parties shall be determined.
d. Findings and decisions: The final point in a case is the identification
of findings and decisions of the case. Based on the findings and decisions, the
person who is guilty, and the person who is not guilty are identified. It helps
in making sure that, the overall activities are performed easily without any
kind of issues arising to them.
Elements of a Contract
Whenever business law is considered to be applicable,
there is the existence of a contract. The contract has to be worked upon well.
There are certain elements of a valid contract and discussion of the essential
elements of a valid contract is necessarily required. With the help of the
contract, it is easier to work on the activities well. The elements of an
essential contract are discussed in the information given below.
a. Offer and acceptance: For a contract to be a valid
contract, the first activity is that there should be offer and acceptance. An
individual should make an offer to another individual and based on the offer
the other person shall be required to agree upon the offer.
b. Legally competent to contract: The parties to the contract should
be in the position to contract. The parties to the contract should be mentally
sound. The parties should also have attained the age of majority.
c. Free consent: Under the contract, there should
not be an instance of coercion. The parties to the contract should have had
carried out the tasks with free consent among themselves.
d. Legal nature: The activities being carried out
in the course of the contract should be legal. The contract should not be
performed to carry out any kind of activity which is considered illegal.
Performance of Contract
In a contract, there are two different categories
regarding performance. The contract includes inferior performance and substantial
performance. The inferior performance involves a substantial breach of a
contract. This happens at the time when one party does not fulfill its
contractual obligation. On the other hand, substantial performance involves the
activity wherein, the performance of the contract is so near to actual
performance that denying the payment is considered as unreasonable. In this
situation, denying the payment to the party is not considered as appropriate.
The people should make sure that they do not deny the payment to the other
party when the performance of the contract has been almost completed.
Damages for Breach
If the parties to the contract do not complete the
terms and conditions of the contract effectively then, there are provisions of
damages to be paid. The terms and conditions regarding the damages can be
written in the contract. Writing these things in the contract shall help the
people to make sure that they avoid any kinds of issues or problems. Moreover,
the tasks shall be performed properly.
Writing a business case study is an important task and it should be
performed properly so that, the overall operations are carried out in the best
possible way by the parties to contract.
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