LAW 421 Week 3 Complete Contemporary Business Law A+ Graded

LAW 421 (Contemporary Business Law)

Week 3

WEEK 3 Discussion Question #1

Fran’s Flooring Companyand Sam’s Office-on-the-go agreethat Fran will install wood floors for Sam’s lobbyfor1,500.00.Sampurchasesthewood product forthe floors and Franinstall’s 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)