Law Assignment Example | Topics and Well Written Essays - 3000 words

Law - Assignment Example (Carlill v. Carbolic Smoke Ball Company 1893 1 qb 256). Acceptance is a final and unqualified expression of assent to the terms of an offer [G.H. Treitel, The Law of Contract, 10th edn, p.16]. The Employer, Conventina Motors, has offered Steven to work for them as a parts distribution salesman. And Steven has accepted their employment offer to work for them. This means a proper contract has been established between Conventina Motors and Steven. Consideration: This means something bargained for and received by a promisor from a promisee. The common types of consideration consists of real or personal property, a return promise, some act, or a forbearance. The consideration by Conventina Motors towards Steven may not only include his salary but also other responsibilities like Steven’s mental, health, emotional and/or environmental safety etc. And likewise Steven’s consideration towards the company can be his loyalty, responsibility and promise to follow the rules and regulation binding on him due to the employment contract. Capacity: In contract law, capacity means a persons ability to satisfy the elements required to enter binding contracts. For example, it often requires a person to have reached a minimum age and to have soundness of mind. Conventina Motors is an established company and Steven is an adult. Therefore both fulfill the required capacity rules to enter into a valid contract. Legality: The contract made, must be enforceable by law. Only then, the contract is said to be legally binding. Conventina Motors is an established company having proper employment contracts with its workers, therefore the contract with Steven is legally binding and has certain obligations that needs to be followed by both the parties in the contract. As discussed above, Conventina Motors and Steven have entered into a legal employment contract with each other. The contract includes rules and obligations that