What are all of the potential theories of contract law

Assignment Help Other Subject
Reference no: EM131924853

Make sure to discuss all of the elements of a contract. Is this a unilateral/bilateral contract? Express/implied contract?

If you found that there is a valid agreement, and a breach, what was the breach?

What are all of the potential theories of contract law that may apply. If there is a breach what are the potential remedies for the breach?

In 2013, Mary Jane went to the Utopian Acura Car dealership located in downtown Miami. She leased a 2013 Acura TL for a term of two years. The lease stated that she was able to drive the car 10,000 miles per year, anything in excess of 10,000 miles would be charged at 25 cents a mile.

She had a monthly car payment of $300 per month. Mary Jane was happy because she had finally found a job at Hooters in downtown Miami, was taking classes at MDC Wolfson Campus, and she could finally lease a brand new Acura. She knew that the red Acura matched her red hair and blue eyeshadow. She gave the sales man, Jimmy, a kiss on the cheek and said thank you very much. She agreed to the offer and signed the sales lease.

Mary Jane took all of her friends on all of their errands, she drove to Orlando and back at least 10 times in two years. She went to Key West on the weekends, drove to St. Augustin,Tallahassee and even went to see her family in N.J. She was ecstatic to show off her red Acura and her matching red hair.

Fast forward the time clock, it's now 2015. She goes to the same Utopian Acura dealership and meets with Ronald McDonald. She tells him that she's ready to turn in her lease in order to get a brand new Black Acura so that it can match her new haircolor, Black. Ronald is more than happy to help her and he looks at the odometer. Mary Jane had driven 16,000 miles in excess of the allotted yearly mileage allowance (10,000 miles per year).

Ronald tells Mary Jane that she has excess miles. She begins to cry and her mascara and her blue eye shadow runs all over her face. Ronald tells her, "Mary Jane, if you get into a new car lease with Utopian Acura Dealership today, I will roll the price of the excess mileage into the new car lease and waive those fees for you." Ronald proceeds to engage in a rolling motion with his hands. Mary Jane is so elated that she jumps up and down in the sales room and screams, "Yes, we have a deal". She signed the new car lease agreement.

Mary Jane drives off into the sunset in her brand new Acura TL. But, she doesn't live happily ever after. One month later, she receives a bill from Utopian Acura Dealership for $4,000.00 the 16,000 excess miles x 25cents a mile. She begins to cry. Once she calms down she calls Ronald McDonald and tells him, "Didn't you say that you would waive the excess mileage fee if I got a new car". Ronald says I never said that, look at your contract.

What type of contract is this? What are all of the elements of a contract? Can Mary Jane avoid paying the additional $4,000.00? Is there any defense that she can use? Is there any defense for Ronald? Please discuss any and all contract theories of law that apply.

This must be typewritten, double spaced and at least 3 pages in length. The answers are found in the contracts chapters in your book. If you use any online resources, you must provide a citation to the sources at the end of your paper. I do not accept late projects.

Reference no: EM131924853

Questions Cloud

Discuss the importance of knowing your system information : Discuss the importance of knowing your system information. Why is it important to know for installing software on your system?
Describe what role your chosen staff member plays : Identify and describe what role your chosen staff member plays in the operation of the court and some of the tasks that the individual engages into fulfill his.
Explain pluralism or assimilation specifically : Evaluate and explain pluralism or assimilation specifically as this group's most plausible Americanization mainstream integration pathway.
Prepare an incident response team policy that would align : Prepare an Incident Response Team Policy that would align with the company you picked (I realize some assumptions will need to be made).
What are all of the potential theories of contract law : What are all of the potential theories of contract law that may apply. If there is a breach what are the potential remedies for the breach?
Describe the organizational structure you would prefer : Question: Organizational Structure - Describe the organizational structure you would prefer if you were the project manager and explain why
Compare the terms time budget and specifications : Compare and contrast the terms time, budget, and specifications and how they impact the success or failure of project. Your response must be 75 words in length.
Why a project manager is such an important role : Explain why a project manager is such an important role in the execution and success of a project. Give an example of when a project manager was responsible.
Evaluate the role of an Executive Level BPM Group : Evaluate the role of an Executive Level BPM Group. Who would be members of that group and how is this group responsible for reducing resistance to change

Reviews

Write a Review

Other Subject Questions & Answers

  How did the author establish the significance of the study

How did the author establish the significance of the study? In other words, why should the reader care about this study?

  What are four concepts from paradigms and principles

What are four concepts from "Paradigms and Principles" and four concepts from Habit 1 in Stephen Covey's 7 Habits of Highly Effective People?

  Develop an implementation plan 1500-2000 words the elements

consider the population in which the solution is intended the staff that will participate and the key contributors that

  Discuss the concept of patient centered care

Discuss the concept of patient centered care and the role health care professionals and stakeholders have to ensure patient advocacy.

  Philosophical fields and explain their interrelations

Each philosophical field focuses on one aspect of human life and experience, but it often overlaps with other fields. Cite two or more philosophical fields and explain their interrelations.

  Racial and ethnic groups has the longest life expectancy

Which of the following racial and ethnic groups has the longest life expectancy?

  Past century and current century

Having begun a new millennium, it is timely to examine the changes that occurred during the twentieth century to prepare for the twenty-first century.

  Organizational behavior for the company

Identify the impact, including the strategic approach and application, of organizational behavior for the company selected

  Legitimate scope of presidential emergency powers

Describe the legitimate scope of Presidential emergency powers. Do you believe our current President has over-stepped his authority in the interests of protecting national security? Explain.

  Define the elements of a legal contract using examples

Jim and Laura Buyer visit the local car dealership because they are interested in buying a new car. The car they currently have is aging and is starting to have mechanical problems. Jim and Laura would share the new car, and use it to go back and ..

  Major philosphers in the western tradition

Major philosphers in the western tradition that were primary contributors to the formation of psychology as a discipline?

  Estimate whether any of biological theories give the

the early foundations of criminological theories based upon biological explanations can be traced back to the early

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd