I will pay for the following article Law of Business Transactions. The work is to be 8 pages with three to five sources, with in-text citations and a reference page. &nbsp.United Floors Ltd had included an exclusion clause in its contract, which required intimation of any alleged defects within three weeks of fitting the carpets. As such, it had included a clause, whereby its liability per contract was to be restricted to five hundred pounds. Peter is seeking a refund of the two, thousand, three hundred pounds paid by him and compensation for the business lost, during the time the carpet was being replaced. United Floors Ltd refuses to accept and relies on its exclusion clause. An exclusion clause can be enforced by resorting to adhesion contracts or standard form contracts. The party which draws up such contracts offers a negligible choice to the other party to the contract. In the words of Downes, an authority on contract law, wherever, there is great disparity in the bargaining power of the parties to the contract, exclusion clauses can prove to be extremely prejudicial. In contractual terms reasonableness is of paramount importance and the UCTA verifies as to whether an exclusion clause, after taking into consideration the circumstances that should have normally been known to the contracting parties, is rational4. In this manner the UCTA grants wide discretion to the courts, in determining whether an exclusion clause is reasonable or not. If a contracting party wishes to take recourse to an exclusion clause in the contract, then the onus of establishing its reasonableness rests on it. The UTCCR deals with all the contractual&nbsp.terms and not merely those relating to exclusion clauses. This makes it much wider in scope. The primary task is to determine whether the exclusion clause incorporated by United Floors Ltd is unfair because damage to the carpets within a short period of two months is unreasonable as per the implied terms of the contract. The exclusion clause is therefore invalid under both UTCA and the UTCCR.

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