Aspects of Contract and Negligence Essay Example | Topics and Well Written Essays - 2250 words

Aspects of Contract and Negligence - Essay ExampleStandard anatomy contract is very common in todays world it is mainly common with vainglorious companies. It occurs when companies draft ground and conditions of their agreements with their customers. The customers are not given an option to negotiate if they cannot comply with the damage set, and then their only option is to not enter into the contractual agreement. Unilateral agreement occurs when promises are made by whiz party, this type of contract can be best described by an advertisement requesting all person with any teaching of where about of a fugitive to turn him in for a reward. reversible agreements, on the other hand, occur when both parties have binding cost. This is normally in commercial contracts amid companies. Bilateral contractual agreement is the best in the case of Katie and the builders. This is because it allows Katie to be able to set footing as well as the builders so that the work can be to her s atisfaction. If one of the parties fails to meet the terms set, then the aggrieved party has a right to take a legal action. b) Standard Form Contracts The chassis of standard form contract is such that, in the event of breach of an agreement, it excludes liability or limited (Stone & Stone, 2002). A clause can be used to exempt a party from liabilities if it is part of the terms of the contract. If a party signs a document without reading it, he or she becomes bound by the terms set out in the document. If the document that sets out the terms is not signed by one of the parties, it can go along to lack of action against the party that breaches the contract. The main advantage of this variety of contract is that in that respect is no need to draft it and the terms are very certain to the parties. The risks involved in this kind of an agreement are spread over to both parties making sure that none of them is on the losing lieu if their expectations are not fulfilled as a result of unexpected circumstances. The only disadvantage is that parties whitethorn have a hard time interpreting terms, and can even misinterpret them that can lead to a dispute resulting to breach of contract. c) Example of a Standard Form Contract An example of a clause in standard form agreement can read, Jane lead not be probable for any damages caused by negligence caused by Sams company this means that Jane will not take responsibility for damages that may occur because of Sams company negligence. d) allude of Rules of Contract to Online Agreements The era of the internet has brought drastic change on how business contracts are carried out (Poullet, 2007). However, the rules of contracts stick the same and companies doing business online have to abide to the relevant regulations (Cavazos, & Morin, 1994, 39). These regulations were passed so that consumers who shop online can be protect as well as business people who order supplies online. The UK passed Consumer Protection (Di stance Selling) Regulations in 2000 to ensure that consumers who leverage goods and services are protected. These regulations do not apply to all kind of contractual agreement involving online proceeding since they do not cover contractual agreements between businesses. They were passed as a result of a directing of EU of 1997 that provided protection for consumers involved in distance contracts (Great Britain, n.d). The regulations ensure that consumers have the right to request information concerning goods or services they are to be supplied with, and how much they cost before they can