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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