The aim of this unit is to provide learners with an understanding of the requirements and formalities of a legally binding agreement. The fundamentals of offer and acceptance will form the basis of the unit, and the learner will understand factors that may defeat the validity of an agreement. The ways in which a contract may be breached will be a focal point of learning, as will potential remedies applicable to various types of contractual breach.
The aim of this unit is to provide learners with an understanding of the requirements and formalities of a legally binding agreement. The fundamentals of offer and acceptance will form the basis of the unit, and the learner will understand factors that may defeat the validity of an agreement. The ways in which a contract may be breached will be a focal point of learning, as will potential remedies applicable to various types of contractual breach.