Unit 21 - Aspects of Contract and Business Law P4 P5 (with notes)
P4 Describe the meaning of terms in a standard form contract.
P5 Explain the effects of terms in a contract.
Understand the meaning and effect of terms in a standard form contract
BTEC Level 3 Extended Diploma in Business
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Unit 21 - Aspects of Contract and Business Law
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UNIT 21 - ASPECTS OF CONTRAC
AND BUSINESS LAW
P4 P5
Abdulalah Al-Jobore
,INTRODUCTION
Understanding the meaning and effect of terms in standard
contract
In this presentation, I will be describing the meaning of terms in a
standard form contract. In this task, I will be using THREE Mobile
SIM contract as an example to refer my work to.
P4 Describe the meaning of terms in a standard form contract.
P5 Explain the effects of terms in a contract.
,STANDARD FROM CONTRACT
Standard form contract is very common contract in the business
world; it usually set by one person (or the company itself) with
their own standards terms, which is often contain terms that
amount to custom- made offers and it should be agreed by both
parties and followed by an acceptance by the other party that fit
the individuals business needs. It is important to be aware of the
fact that when the party makes an offer, the other party must
accept it on their own standard form contract, which mean that
the other party has no say in the matter. This type of contracts
are common in many types of companies especially the well-
known companies such as gym memberships, mobile phone
companies etc. In this case, the party, which will accept the offer,
will not be related to the business, as it will not be the one who
wrote the contract with its own standard terms.
,SALES OF GOODS
The government has set a piece of legislations that control and
regulates contracts regarding the sales of goods and aims to
protect the consumers, this act is the Sales of Goods Act 1979.
Sales of Goods Act 1979 applies to all the types of contracts of
sales of goods that have been made on the period on and after the
1st of January 1894. This act covers all the goods that have been
bought and sold in the UK as well as the legal binding contracts
that been made between partiers involved. The contract definitio
under the Sales of Goods act 1979 stated as a contract by which
the seller ( dealer ) who attempt to transfer and give the property
in goods to the buyer in exchange for money ( price).
, DEFINITION OF GOODS
Goods are the naturally valuable and generally scarce tangible
items that are made form different materiel or sources ( article,
commodity ,material ,supply, wares etc.) that are produced by from
manufacturing, agricultural, constructions, or mining activities.
Therefore, it include and useful and tangible items such food,
clothes or furniture, and these items are used for the benefit of the
consumer and must be in exchange for money. The Sales of Goods
Act 1979 stated that the ‘land/ property and money’ does not
defined as ‘’ goods’’.
With regard to my standard from contract, Three Mobile SIM, the
goods in this case is the SIM card that is given by THREE company
to provide the date service on the mobile.
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