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What is Business Law Assignment? Describe with Sample and Example

Law students often face a problem while writing a business law assignment. Sample law assignments are given to students to come up with possible solutions to a legal dispute. A legal dispute involves two parties who might have had a disagreement over a business transaction which typically involves monetary obligations. Students often find such business lawbu samples and examples challenging because the situations are tricky and involve a careful application of legal statutes. Fortunately, the legal team at MyAssignmenthelp.com can help such students to write business law assignments and case studies.

What is a business law?

A legal case study involving a dispute is often given to a law student in order for him or her to come up with a legal solution. A business law dispute involves two parties over a dispute regarding a contract, a sale, a merger, a contract etc. Here are some business law case samples with possible solutions:

Sample Business Law Cases: Case No 1

The Case

A lady named Jenny received a circular from Beauty and the Beast Hair Salon. It had advertised massages and manicures for 10 dollars. Jenny was pleasantly shocked when she saw the deal. She realized that it was a lucrative deal. However, she was not surprised since they had just opened had Business Meeting and wanted to attract new customers. When Jenny arrived at the salon, she was told that there was a mistake in the circular and the amount would be 100 dollars and not 10 dollars. The manager of the salon explained that this was still a good price because normally a massage and manicure would have cost $150.

Jenny was livid as it had taken her 30 minutes to drive down, the cost of which when added to the manicure cost would still be more than 100 dollars. As a lawyer give legal advice to Jenny. Would your advice be any different if she was told about the price after she had taken the massage and manicure?

The Solution

When a seller places some information about his products in the form of a catalogue or a circular and invites others to buy the products, then it is considered as an ‘invitation to treat’ (a contract law term which means a person is willing to negotiate) In such cases, the buyer makes an offer to buy and upon the acceptance of such offer by the seller, an enforceable agreement can arise.

We can refer to an old legal precedent in this case: In the matter of Harris v Nickerson (1873) L.R. 8 Q.B. 286 there was an advertisement of sale by the defendant through auction. The plaintiff saw the advertisement and reached to the place of auction. He came to know after reaching the auction site that the auction has been cancelled and thus brought an action against the defendant. It was held by the court of law that the advertisement notice was just an ‘invitation to treat’. Hence, the plaintiff cannot claim his travel expenses from the defendant.

The circular of Beauty and Beast Hair Salon is an ‘invitation to treat’ on which Jenney acted and made a booking. She came to know the real price upon reaching the salon and thus had an option to either reject or avail their services. She would have paid $ 100 if she got the massage and manicure done by the salon without knowing the price. In that case, the transaction would have been a legally binding contract.

However, since she already knew the real price and had a choice, the mere placing of the ad could not have been considered as a legally binding contract. In the second scenario, she could have just paid 10 dollars as quoted in the newspaper. But since, she already had a choice and decided to exercise it rationally, we cannot argue that there has been any legal violation.

Sample Business Cases: Case Number 2

The Case

Once, a charity auction was taking place. Bruce who was extremely drunk went to the auction and under the influence of alcohol made a successful bid. It was apparent to the auctioneer that Bruce did not know what he was doing. Meanwhile, Bruce sobered up and accepted having made a bid. However, later on, he refused to fulfill the obligations of his contract. Give legal advice to Bruce.

The Solution

We have with us a legal contract which was entered into by two people: one who was in his senses and was legally bound to fulfill his contract and another person who was not fully in his senses and was not legally bound to his contract. Here the auctioneer was in his full senses to understand the terms of the contract and legal issues while the buyer was drunk and as such was not in a position to fulfill the legal obligations.

The general rule about legal contract is that any person can enter into a contract but he has to have the mental capacity and intellectual maturity to understand the terms and conditions of it. The principle of contractual law stipulates mental lucidity to be an abiding feature of the both the contractor and the contractee. Generally, courts do not approve of a contract which entered into by a person who is voluntarily drunk because he is not in a position to understand what the contract entails.  

In this case, Bruce was so drunk that he did not knew that he was actually bidding at the auction. The auctioneer, however, knew this. Under the contractual laws, Bruce was technically not bound to the legal obligations. However, there is a catch in the story. In this case, Bruce was owed up to his legal obligations once he sobered up. He would have escaped the liability of the auction contract by simply disavowing it as soon as he sobered up but he did not do this. As a matter of fact he reiterated the terms of his contract once he had sobered up. As a result, this contract would be legally binding.

Therefore, the contract will be a valid contract and Bruce will be bound by the contract with auctioneer. Further, he will have to fulfill all his obligations under the contract.

How MyAssignmenthelp can help students to write Business Law assignments?

MyAssignmenthelp.com is one of the best educational service provider portals in the world. Our team of subject experts is always ready to help students in writing assignments, project, essays or theses. We have a strong editorial team with efficient copy editors. Our online law assignment help team is well aware of the legal systems of Australia, UK and US. We ensure timely service and 100 percent plagiarism-free copies. Our expertise includes business law help, building and construction law help, administrative law help etc. We have plenty of sample legal case studies uploaded on our website, which can be browsed by students at leisure.

Apart from law, our subject expertise extends to management, nursing and computer programming. Within the larger domain of management, we help out in essays, assignments and dissertations in human resources, finance and accounting, marketing etc.

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Most Popular FAQs Searched By Students:

1. What Is Business Law Assignment Format?

Business law assignments usually consist of the following sections if formatted accurately-

• The first page should be the title page indicating the topic for the assignment.
• This will e followed by a table of contents, table of graphs, and pictures.
• The introduction consists of the anecdotes or some quotes that generally support your leading objective.
• In the main body, the content will be added, supporting your leading cause and facts that support the cause.
• The conclusion must contain the restatement of your introduction.
• References/citations will include a list of articles that aided you in writing the assignment.

2. What Is The Importance Of Business Law Assignment?

The importance of business law assignments are as follows-

• The assignments given to students help them study the legislative guidelines that each organization and individual must follow.
• The assignments also help them understand the essential laws that every business organization and every individual must follow.
• Proper knowledge of business law cases helps any business to run properly and operate the business operation without having a hindrance of ignorance.
• Assignments handed out to students to prepare them for future exams and also prepare them for the outside world.

3. What Are Some Business Law Topics For Assignment?

Some of the business law topics for an assignment are as follows-

• How contracts work and what is the role of the legislature in interpreting them.
• The law of contracts and their role in business transactions and interpretations.
• Analyzing and investigating the role of Copyright and Trademark by Entities.
• The application of commercial law in the framework for business in every society.
• Analyzing and interpreting the structure of transactions and the role of a director’s guarantee under the business law.
• Analyzing and investigating the role of the state and congress in setting up business law legislations.