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This book introduces the learners to: Fundamentals of Contract, terms of contracts, contract regulations, contract performance and discharge and Dispute Resolution in line with the legal aspects related to business activities. It also entails overview of the basic principles of law and court practice in terms of response to breaches.It aims at enabling the learners to: - Appreciate the elements of substantial contracts. demonstrate an understanding of the law relating to business activities. Acknowledge the basic laws and principles of business organizations. Analyze the different approaches by court and Arbitrators for handling business related breaches.