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Explain, with examples, the role of equity in relation to contractual relationships;

Word limit: 1,200 words
Contract Law
Title: Contract Law
Write a summary to S.C. Compania Nationala de Transporturi Aeriene Romane Tarom v Ltd [2014] EWCA Civ 87, briefly outlining the facts, decision and reasoning for the decision. Comment on the case’s likely impact on the law of contractual remedies.

Submission Due date: Monday 29th June 2015
This assignment must be submitted online via the module web by 11..55pm on the above deadline. Your assignment will be marked online. You will be able to see the mark and read the assessor’s comments three weeks after the submission deadline.
Please note:
1. All work submitted after the submission deadline without an approved valid reason (see below) will be given a mark of zero. (This is not the same as a non-submission, as a late submission counts as an attempt and a mark of zero may allow you to resit the coursework.).
2. Short deferrals (extensions) of up to three calendar weeks can only be given for genuine “force majeure” and medical reasons, not for bad planning of your time. Please note that theft, loss, or failure to keep a back-up file, are not valid reasons. The short deferral must be applied for on or before the submission date. You can apply for a short deferral by submitting an Examination/ Coursework Deferral Application Form. Application Forms along with the supporting evidence should go to the relevant Student Support Office (GE103). For a longer delay in submission a student may apply for a (long) deferral.
Students MUST keep a copy and/or an electronic file of their assignment.
Word Length Maximum 1200 words.
Any penalties for not complying with word limits will be in accordance with University and Faculty policy. The ability to write within the word limit is part of the assessment, therefore a penalty of 10% of the mark is applied if the word limit is exceeded by 10% or more.
The bibliography is not included in the word count. Footnotes which include only references will not count towards the word count. Should additional text be included in footnotes, this will count.
Learning Outcomes Assessed
The intended learning outcomes assessed here are that the student should be able to:
1. identify and apply the key concepts and principles of contract law enshrined in both common law and statute;
3. explain, with examples, the role of equity in relation to contractual relationships;
4. identify and comment upon areas of contract law where external factors, such as social policy or business realities, effect changes in the law;
5. apply knowledge of substantive principles to solve problems, actual or hypothetical, involving contractual scenarios;
6. advise as to the appropriate action and remedies for breach of contract.

Assessment Criteria

When marking the coursework, particular regard will be given to the following:

• Identification of relevant issues;
• Selection of relevant material;
• Knowledge of relevant subject;
• Evidence of broader research;
• Evidence of understanding;
• Application;
• Fluent argument;
• Proficient writing;
• Appropriate referencing.
You should include a bibliography. You should use footnotes.
The pass mark is 40%.

Return of Marked Work
The mark should be available three weeks after the submission date. This piece of Coursework carries 25% of the final mark.

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