Contract Law.
Contract Assessment 2018-9 Instructions There are two parts to the assessment Part 1 and Part 2. Guidance • Only use acceptable authoritative sources for your work • Do NOT use anything from lawteacher.net • Make sure your work is fully referenced. • Make sure you have a full bibliography, properly set out (oscola referencing) • Do not repeat facts from cases – apply principles • Make sure your work is structured and has an introduction and conclusion. • Proof read your work before you hand it in. • Get it submitted on time – there are serious penalties for lateness. -Part 1 ( approximately 750 – 825 words) Explain what is meant by a breach of contract and outline the remedies available to the non-breaching party? -Part 2 (approximately 1750 – 1925 words) Christine and Vic sold their flat and moved in with Christine’s parents whilst their new house, in Wimbledon Road, was purchased. They wanted to enlarge the property so paid an architect to draw up the plans for an extension, which were then given to three builders to provide quotations for the work. One specific requirement was a 3m square panoramic window looking over the back garden. Their aim was to stay living with Christine’s parents whilst the majority of the building work was completed – the architect had advised that this should be 3-4 months dependent on the weather. They wanted to make sure they were in the new house by Christmas. Two written quotes were returned; one from C & R Builders for £45,000 and one from DB Builders for £35,000. The builder they had really liked, Tony, said he didn’t have time to draft out a firm quote but thought it would be around £40,000 ‘give or take a bit’ depending on materials and the cost of the carpentry. As they wanted to save money for the interior, they decided to go with DB Builders and agreed a contract in early May paying the initial £3,500. The following payment schedule was proposed. 1. On confirmation of the contract 10% of contract price. 2. On satisfactory completion of the ground works 30%. 3. On satisfactory completion of the walls and roof 30%. 4. On satisfactory completion of the carpentry 20%. 5. Retention of 10%.