College Essays-Describe the importance of different terms in a contract, giving examples

College Essays-Describe the importance of different terms in a contract, giving examples

As a senior Manager for your company, your CEO has asked for a report on how different organisations respond to their environment with consideration of their IT needs and the legal awareness they must have. Formulate a report that encompasses the following elements:

·         For a minimum of three selected, different types of organisation; explain their responsibilities and how they try to meet them.

·         Explain the typical, elements for the formation of a legal contract between organisations and a third party and:

·         Describe the importance of different terms in a contract, giving examples

·         Apply knowledge of contract and tort to selected business scenarios with your response showing:

·         Evaluate the impact of, and possible problems with, different types of contract in given scenarios

·         Compare, distinguish between, contractual liability and liability in negligence

·         Explain the importance of vicarious liability to business organisations giving examples of such liability