LEARNING OUTCOMES: This coursework is designed to assess the following learning outcomes: Understand the Basic Elements of Contract Law, so that he/she is aware of what is required to form a valid and binding contract. Understand some of the factors which affect the validity of a contract. Appreciate and be able to comment critically on the development of contract law. Identify and explain possible solutions to problems within the law of contract. COURSEWORK: The ˜postal rule’ of acceptance was established to provide business certainty when communications across the county was a time consuming process. How relevant is the rule in the modern era and the increasing use of instantaneous communications? Critically discuss with reference to the relevant legal authority. Word Limit 2500 The limit excludes the bibliography or reference list, footnotes and details of the assessment task. The penalty for exceeding the word limit is set out in your Course Handbook on Unilearn.