Business Law-Contract Law

Business Law-Contract Law

InstructionsWrite an essay between 800 and 1000 words using proper APA formatting including citation and reference on the following:What are the key areas in which contract law has evolved from traditional concepts to addressing equitable solutions or complex modern day transactions and structures? What is the impact of compromising certainty in the interest of justice? Are there particular applications in your line of work or your organization? (The organization could be paid work or a volunteer organization that you belong to.)EvaluationThe following rubric indicates those areas you should be focusing on in preparing your assignment, and how the instructor will weigh these components relative to one another.Competencies Demonstrated% of Total Grade1Identification and summary of the areas of contract law that have evolved to address complex contemporary transactions and structures30%2Analysis of the impact of the evolution of contract law on commercial enterprise30%3Assessment of the relevance of the impact to your work or organization20%4Use of scholarly and credible sources of evidence/research to support assertions10%5Use of appropriate writing convention and format10%Total/100