Essay from the year 2012 in the subject Law - Civil / Private / Trade / Anti Trust Law / Business Law, grade: 87% (Distinction), , language: English, abstract: In this report the author pertains and examines the bylaw on contract requisites by citing standard-form contracts in regards to a fictional scenario of a business called 'Budgburys Ltd'. Moreover, the author confers towards the outcome of exemption clauses and their effect towards prohibiting contractual liability. This report is part of the BTEC Higher National Certificate series by the author and relates to Unit 5 - Aspects of Contract& Tort Law in Business.