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Law 421 week 3 complete contemporary business law a+ graded

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LAW 421 (Contemporary Business Law)

Week 3

 

WEEK 3 Discussion Question #1

 

 

Frans Flooring Companyand Sam’s Office-onthego agreethat Fran will install wood floors for Sam’s lobbyfor1,500.00.Sampurchasesthewood product forthe floors and Franinstalls theflooring.15 days later, Samnoticesthat thereis a small areain theentrancewaywherethefloorslatshavepopped up becauseFran did not usetheproperglue. Samtells Fran that shewill pay$250.00 for Fran to comeback and fix thefloorslates. Fran fixes thefloorandthensends Saman invoiceforthe$1,750.00. Samonlypays$1,500.00 and refuses to paythebalance.

 

·   Aretheessentialelementsnecessarytoformavalidcontractpresentinthis scenario?Identifyand describeeach essential element.

 

·  Howmuchmoneydoes Samowe Fran?Explain youranswer.

 

·   Willacourtallowthecontracttobemodifiedinthisscenario?Explainthe rules forcontract modification.

 

·  Does promissoryestoppel applyto this scenario?Explain whyorwhynot.

 

WEEK 3 Discussion Question #2

 

 

      What isthedifferencebetween amaterialbreachofcontract and a nonmaterial breach ofcontract?

 

 

      What aresomeexamplesoflegal and equitableremedies availablefor breachofcontracts?

 

 

      What aresomelegalexcuses fornonperformanceorothergrounds for dischargeofcontracts?Provideexamplesand explain foreach.

 

Week 3 Assignments:

 

LAW 421 WEEK 3 Critical Reflection (700+ Words)

 

LAW 421 WEEK 3 Critical Reflection (700+ Words)

 

LAW 421 WEEK 3 Team Learning Reflection (650+ Words)

 

LAW 421 WEEK 3 Team Learning (900+ Words)

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