What are the elements of contract

Assignment Help Business Law and Ethics
Reference no: EM13847860

Business Law for Commercial Transactions. Week 2 Discussion Question. In this assignment, you will research and apply legal requirements related to sales contracts, warranties and remedies. Explain the best solution to this scenario: Scenario 2 Magic Suzy, an expert balloon artist, rented two helium tanks from Party Products. Magic Suzy had a booth at the city fair that was in town from Friday until Sunday night. She was going to give out helium-filled balloons, as well as the little animals she made from twisting the balloons. The rental contract required Suzy to return the used tanks by Monday. She left the tanks inside her booth at the fairgrounds on Sunday evening after the fair closed. Suzy planned to come back early Monday to clean and pick up the tanks. Oscar, aged 15, attended the fair with some friends. After the fair was closed, they jumped over the fence and discovered the tanks. The tanks carried printed warnings stating: HELIUM GAS- CAUTION! CAN CAUSE RAPID SUFFOCATION IF INHALED. KEEP AWAY FROM HEAT, FLAME OR SPARKS. Include comments related to any ethical issues that arise. Let us first ask... What are the elements of contract? Is a cashed personal check a contract?

Reference no: EM13847860

Questions Cloud

Can you see any hidden dangers or traps in the happiness : Do you agree that the IT companies described in this case study have lessons for every organisation? If so, what are these lessons - Can you see any hidden dangers or traps in the happiness that James McGill expresses about his life Google
How much is ted willing to spend on refrigerator : Extended Warranty. Ted just moved into an apartment, and it does not have a refrigerator. A refrigerator is worth $3 every day because Ted will eat out less. Ted has a discount rate of 28%. Refrigerators usually last 4 years. How much is Ted willing ..
How much is ted willing to spend on refrigerator : Extended Warranty. Ted just moved into an apartment, and it does not have a refrigerator. A refrigerator is worth $3 every day because Ted will eat out less. Ted has a discount rate of 28%. Refrigerators usually last 4 years. How much is Ted willing ..
Describe the major ethical issues facing walmart : Identify and describe the major ethical issues facing walmart and the likely stakeholders to be affected.
What are the elements of contract : Include comments related to any ethical issues that arise. Let us first ask... What are the elements of contract? Is a cashed personal check a contract?
What is logrolling : What is logrolling? Under what conditions is logrolling likely to emerge? How can logrolling prevent the attainment of efficiency?
Irr of a perpetuity project : We saw in class that the IRR of a perpetuity project is exactly equal to the inverse of the payback period. I also noted that for non-perpetuity projects the relationship IRR = 1/PB is only an approximation, and that this approximation improves as..
Gather information on the cultural problems : Gather information on the cultural problems you would face in opening a business in each country and selling your machinery (see following situation). Use the Inter- net to facilitate your research. Also, you are encouraged to interview foreign stu- ..
Analyze an organization that has experienced corporate : Your project requires you to analyze an organization that has experienced  corporate social responsibility (CSR) issues. For this milestone, you should select a company that has endured CSR issues and provide a brief explanation of the CSR issue(s) t..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Which form of alternative dispute resolution occurs when

which of the following is one of the major purposes of a settlement conference?when parties agree in advance to adhere

  The minimum length of your job description must be 300

your supervisor has placed you in charge of hiring a new full-time administrative assistant for your department.prepare

  Explain the contract law that the court applied

Discuss the major issues addressed in the case you found. Explain the contract law that the court applied to the case and why. Then, determine at least one action in drafting the contract that either company to the dispute could have taken to avoi..

  Read the article governance in the spotlightlink below what

read the article governance in the spotlightlink below what sarbanes oxley means to you. in this article the author

  What tools are necessary to collect the evidence

What tools are necessary to collect the evidence? What challenges exist regarding the collection of the evidence? Explain

  Peoples and international law

Summary one chapter less than 100 words. The book: Peoples and International Law. Chapter one:Show Level1. Peoples' Rights and the Foundations of International Law

  Write paper on crime and justice

Write paper on Crime and Justice

  Advantages to your nation incorporating social law

Compare and contrast the major characteristics of Social Law with one (1) other family of law of your choosing. Conclude two to three (2-3) advantages to your nation incorporating Social Law as opposed to any other family of law.

  What impact does jurisdiction have in computer-crime cases

The advent of the Internet has created several new categories of crime. In your opinion, what Internet crime(s) could be considered the most important crime for law enforcement to investigate? Explain your answer. What impact does jurisdiction hav..

  Minority and women owned business required percentage

What is the minority and women owned business required percentage? The scope of this work is divided into two main phases- Name them

  Over the years we have heard horrendous stories about

write a 2 page paper. nbspaddress the following in your paperover the years we have heard horrendous stories about

  Rules of other federal administrative agencies

The U.S. Citizenship and Immigration Service issues a rule. Like the rules of other federal administrative agencies, this rule is compiled in

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