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
Read the Module assigned readings, which include Chapter 7 from The Farmer’s Legal Guide to Producer Marketing Associations titled, “Contract Law Tutorial,” and two law exams. In addition to these, using the Argosy University online library resources or the Internet, find and read two to three other articles about applying contract law to common nonemployment workplace scenarios.
Examples of these include the purchase of expensive property, and dealings with software vendors, building contractors, and facility maintenance firms.
Share your observations, early conclusions, reflections, and questions in this discussion.
- By Friday August 10, 2018 in a minimum of 500 words, summarize and post your responses to this Discussion Area. Support your work by citing sources according to APA standards.
Write your initial response in 300–500 words.
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
Do the following when responding:
- Read your answers.
- Provide substantive comments by
- contributing new, relevant information from course readings, Web sites, or other sources;
- building on the remarks or questions ; or
- sharing practical examples of key concepts from your professional or personal experiences
- Respond to feedback on your posting and provide feedback to ideas.
- Make sure your writing
- is clear, concise, and organized;
- demonstrates ethical scholarship in accurate representation and attribution of sources; and
- displays accurate spelling, grammar, and punctuation.
Grading Criteria & Discussion Grading Table
Quality of initial posting, including fulfillment of assignment instructions
Reference to supporting readings and other materials
Language and grammar