Reference no: EM132080693
Module Overview:
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
Assignment Instructions:
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.
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.
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.