Course Project 2- Contract Issues and Worksheet
Course Project
Contract Issues and Worksheet
Below you will find a chart that is missing information. By filling in this chart you are starting to build the foundation to your written contract. Fill in the missing information as complete as possible (for items such as addresses and description of the items, you can create that information).
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Party names |
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Date of the contract formation |
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Addresses of the parties |
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Description of the items being purchased |
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Date of delivery of the items |
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Date and expected form of payment |
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Agreed upon price |
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1. Other than the items listed above in the chart, what else needs to be present for this to be a valid, written contract?
2. Why does this contract need to be in writing?
3. Reflecting upon the negotiation at the restaurant, what would you have done differently? Would you have offered the lower price of $700.00? Why or why not?