Believe it or not, we enter into contracts almost every day.
Imagine you walk into a store, the store offers to sell you something, and you accept the offer. Or suppose you are trying to sell your car. You place a sign in the window of the car, and someone calls you to discuss buying the car. This person wants to know about the car—how it runs, whether it has ever been in an accident, etc.
Both of the examples above are of bilateral sales contracts—though not many people would think of them that way.
This module introduces you to contract law. In it you will explore the various types of contracts and, also, learn about performance, breach, discharge of contracts, and contract remedies. You will not only read about the formalities of a contract but also apply those concepts to various situations.
Generally speaking, a party doesn’t enter into litigation when the issue is black and white. When looking at a situation, the first question to ask is, has a contract been entered into? Remember, there has to be an offer, an acceptance of the offer, and consideration. Contracts can be bilateral or unilateral, and both have some nuances.
Additionally, there are certain formalities required to enforce contracts that come within the statute of frauds.
Module Readings and Assignment:
Complete the following readings early in the module:
- Module overview
- From your Argosy University online library resources, read the following article:
- O’Brien, D., Hamilton, N. D., & Luedeman, R. (2005). Chapter seven: Contract law. The farmer’s legal guide to producer marketing associations (pp. 83–92). Des Moines, IA: Drake University Agricultural Law Center. http://nationalaglawcenter.org/wp-content/uploads/assets/articles/obrien_producermarketing_ch7.pdf/ .Retrieved from http://nationalaglawcenter.org/wp-content/uploads/assets/articles/obrien_producermarketing_intro.pdf
Instructions Assignment: Application of Contract Law
Reread the Contracts Mid-Term Exam. Click here (Submitted as an Attachment)to access the exam. Write a 3- to 5-page paper explaining the contract issues and how a court would inquire into the situation. Use the articles you found and used for the previous assignment Titled: Discussion-Applying Contract Law to Nonemployment Workforce Situations and the Contract Law Tutorial to support your answers.
Note that the law school tutorial is available through the Readings and Assignment section.
- Save your paper as a Microsoft Word document. By Monday August 13, 2018 submit it to the Submissions Area.
Turned-in on time, Grading criteria followed All assignment qualifications addressed correctly, Grading Criteria followed, Include Question followed by the answer Reference Page Included Cover page Included, Paragraphs Indented, Running-head included, main heading should be centered; all new paragraphs should be indented; paper should be right ragged, not right justified; references, should always go on a standalone page. abstracts are not usually indented; acronyms should be spelled out when using them for the first time, for example HR. references as listed are APA standard. When you submit your papers through turnitin.com, your overall similarity index score should not be exceedingly high, with ten to fifteen percent being the maximum, Please make sure your APA formatting of citations. I have provided the APA resource cite for you. https://owl.english.purdue.edu/owl/resource/560/01, Please work on using literature within the span of the last 5 years, keep in mind there should not be any one, two, or three sentence paragraphs
Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation
Assignment Grading Criteria & Maximum Points:
Wrote a 3- to 5-page paper explaining the contract issues and how a court would inquire into the situation. 40pts.
Presented a thoughtful reflection of the contract issues and how a court would inquire into the situation. 40pts.
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation. 20pts.