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LEG100019VA016-1178-001 - Business Law I

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Tamika Brown on Mon, Nov 13 2017, 3:18 AM

57% highest match

Submission ID: e831834c-d09e-4ff3-b531-9c4f3c09594d

· Jim and Laura.doc

Word Count: 1,013

Attachment ID: 187726717

57%

Citations (5/5)

1. 1Another user's paper ???orig.citation.highlight.msg???

2. 2Another student's paper ???orig.citation.highlight.msg???

3. 3Another student's paper ???orig.citation.highlight.msg???

4. 4http://www.studymode.com/topic/Contract ???orig.citation.highlight.msg???

5. 5Another student's paper ???orig.citation.highlight.msg???

1 Week 6 Assignment 3:

Suspected Entry: 63% match

Uploaded - Jim and Laura.doc

Week 6 Assignment 3

Source - Another user's paper

JWI510 Week 6 ASSIGNMENT 1

Jim and Laura Week 6 Assignment 3: 2 Jim and Laura

Suspected Entry: 66% match

Uploaded - Jim and Laura.doc

Jim and Laura

Source - Another student's paper

the misled party”, Jim and Laura

1 Week 6 Assignment 3:

Suspected Entry: 63% match

Uploaded - Jim and Laura.doc

Week 6 Assignment 3

Source - Another user's paper

JWI510 Week 6 ASSIGNMENT 1

Jim and Laura Tamika Brown James Fleming Leg 100: Business Law 1 November 12, 2017 United States Contract Law

3 A contract goes beyond between negotiations between two parties that result to a formal agreement.

Suspected Entry: 82% match

Uploaded - Jim and Laura.doc

A contract goes beyond between negotiations between two parties that result to a formal agreement

Source - Another student's paper

American Business Law Terms of a contract goes beyond negotiations between two parties that result to a formal agreement

A contract only exists when there is an offer and acceptance between two people or parties.

Suspected Entry: 83% match

Uploaded - Jim and Laura.doc

A contract only exists when there is an offer and acceptance between two people or parties

Source - Another student's paper

A contract can be formed when there is an offer and acceptance between two people or parties

In most cases, the acceptance is central to the formation of the contract and in business, it may involve paying of price to legitimize the contract.

Suspected Entry: 92% match

Uploaded - Jim and Laura.doc

In most cases, the acceptance is central to the formation of the contract and in business, it may involve paying of price to legitimize the contract

Source - Another student's paper

In most cases, the acceptance is central to the formation of the contract and in business, it may involve paying of price to legitimize the contract (Bayern, 2009)

The price here must not be in cash but can be any valuable or can mean even the parties’ free will to enter into the contract without undue influence after having a better understanding of what is involved (Hillman, 2012).

Suspected Entry: 95% match

Uploaded - Jim and Laura.doc

The price here must not be in cash but can be any valuable or can mean even the parties’ free will to enter into the contract without undue influence after having a better understanding of what is involved (Hillman, 2012)

Source - Another student's paper

The price here must not be in cash but can be any valuable or can mean even the parties’ free will to enter into the contract without undue influence after having a better understanding of what is involved

In contract law, the best defense is to prove that there was any form of any undue influence or unconscious dealing as this will illegalize the contract.

Suspected Entry: 94% match

Uploaded - Jim and Laura.doc

In contract law, the best defense is to prove that there was any form of any undue influence or unconscious dealing as this will illegalize the contract

Source - Another student's paper

In contract law, the best defense is to proof that there was any form of any undue influence or unconscious dealing as this will illegalize the contract

Contract laws are very slippery and anyone who intent to formalize a contract must analyze the deal critically before committing to the contract more on the legal consequences of their action. Contract laws vary from one jurisdiction to the other, but the dissimilarities are not easily recognizable.

4 Case analysis and terms of the contract law

Suspected Entry: 82% match

Uploaded - Jim and Laura.doc

Case analysis and terms of the contract law

Source - http://www.studymode.com/topic/Contract

Contract Law Case Analysis

3 The American contract law is made up of several legal requirements which make the contract legal.

Suspected Entry: 100% match

Uploaded - Jim and Laura.doc

The American contract law is made up of several legal requirements which make the contract legal

Source - Another student's paper

The American contract law is made up of several legal requirements which make the contract legal

For any contract to be laggally enforceable, there must be an offer from the promisor that is accepted by the promise (Hillman, 2012).

Suspected Entry: 81% match

Uploaded - Jim and Laura.doc

For any contract to be laggally enforceable, there must be an offer from the promisor that is accepted by the promise (Hillman, 2012)

Source - Another student's paper

For any contract to be laggally enforceable, there must be an offer from the Laura and Jim that is accepted by the promise

In this case, Jim and Laura advised the car dealer Stan that they could afford $400 per month to pay for the Sedan car an offer that was accepted by car dealer accepted.

Suspected Entry: 88% match

Uploaded - Jim and Laura.doc

In this case, Jim and Laura advised the car dealer Stan that they could afford $400 per month to pay for the Sedan car an offer that was accepted by car dealer accepted

Source - Another student's paper

In the case at hand, Jim and Laura promised the car dealer Stan that they could afford $400 every month to pay for the Sedan car an offer that was accepted by car dealer accepted

This is known to be the first legal requirement for a contract in United States and initiated the contract between Jim, Laura, and Stan the car dealer. 3 Another important element is the consideration for the promise such as a down payment or a, promise to do or not to do something that is in the contract.

Suspected Entry: 93% match

Uploaded - Jim and Laura.doc

Another important element is the consideration for the promise such as a down payment or a, promise to do or not to do something that is in the contract

Source - Another student's paper

Another important element is the consideration for the promise such as a down payment or a promise to do or not to do something that is in the contract (Bayern, 2009)

Just like in this case, Jim and Laura paid a down payment of $100 which was a clear indication that they really wanted the car.

Suspected Entry: 99% match

Uploaded - Jim and Laura.doc

Just like in this case, Jim and Laura paid a down payment of $100 which was a clear indication that they really wanted the car

Source - Another student's paper

Just like in this case, Jim and Laura paid a down payment of $100 which was a clear indication that they really wanted the car

A contract can only exist when there is an agreement the parties involved in the contract and the agreement should be based on parties’ free will with no undue influence from the parties involved. 3 In contract law, the best defense is to prove that there was any form of any undue influence or unconscious dealing as this will illegalize the contract (Hillman, 2012).

Suspected Entry: 89% match

Uploaded - Jim and Laura.doc

In contract law, the best defense is to prove that there was any form of any undue influence or unconscious dealing as this will illegalize the contract (Hillman, 2012)

Source - Another student's paper

In contract law, the best defense is to proof that there was any form of any undue influence or unconscious dealing as this will illegalize the contract

It is apparent that Jim and Laura made the decision to buy the car and they went to see the car dealer and initiated the agreement at the same time made an offer for Sedan cars after testing several cars. They agreed to the terms of the contract of sale and promised to come the following day to pick the car. These provided reasons beyond doubt that Jim and Laura were committed to the agreement and both were of age and of sound mind which made the agreement a legal contract beyond doubt.

3 It is very clear from the case at hand that there was a valid offer since the product was available from the promisor (Laura and Jim) and was accepted by the promise who was the car dealer.

Suspected Entry: 85% match

Uploaded - Jim and Laura.doc

It is very clear from the case at hand that there was a valid offer since the product was available from the promisor (Laura and Jim) and was accepted by the promise who was the car dealer

Source - Another student's paper

It is very clear from the case at hand that there was a valid offer since the Sedan car was available for Laura and Jim and was accepted by the promise who was the car dealer (Hunter, 2017)

The existence of an offer that was made by the promisor and accepted by the promise sealed the agreement between the parties to buy and sell the Sedan car.

Suspected Entry: 90% match

Uploaded - Jim and Laura.doc

The existence of an offer that was made by the promisor and accepted by the promise sealed the agreement between the parties to buy and sell the Sedan car

Source - Another student's paper

The existence of an offer that was made by the Laura and Jim and accepted by the promise sealed the agreement between the parties to buy and sell the Sedan car

The parties involved in this case both understand given their conversation as it is reflected in the case study and they were also of age which is the basics of contract law requirements (Friedman, 2011).

Suspected Entry: 85% match

Uploaded - Jim and Laura.doc

The parties involved in this case both understand given their conversation as it is reflected in the case study and they were also of age which is the basics of contract law requirements (Friedman, 2011)

Source - Another student's paper

The parties in involved in this case are of sound mind given their conversation as it is reflected in the case study and they were also of age which is the basics of contract law requirements

Analysis of the case shows that even though the contract was not written, all the basics of a contract are present which make the contract enforceable by law.

Suspected Entry: 85% match

Uploaded - Jim and Laura.doc

Analysis of the case shows that even though the contract was not written, all the basics of a contract are present which make the contract enforceable by law

Source - Another student's paper

Analysis of the case shows that despite the fact that the contract was not written, al the basics of a contract are present which make the contract enforceable by law

These are evidence enough to prove that all procedure to formulate a contract were present.

Suspected Entry: 100% match

Uploaded - Jim and Laura.doc

These are evidence enough to prove that all procedure to formulate a contract were present

Source - Another student's paper

These are evidence enough to prove that all procedure to formulate a contract were present

The case at hand can only be avoided or rather can be brought to rest if Jim Laura decides to forfeit their deposit.

3 It is very clear from the case that Laura, Jim made an offer to Stan, an offer that was accepted by Stan.

Suspected Entry: 100% match

Uploaded - Jim and Laura.doc

It is very clear from the case that Laura, Jim made an offer to Stan, an offer that was accepted by Stan

Source - Another student's paper

It is very clear from the case that Laura, Jim made an offer to Stan an offer that was accepted by Stan

The promisors in this case did not stop there but they made the second step by paying a deposit of $ 100 which legally affected the contract.

Suspected Entry: 83% match

Uploaded - Jim and Laura.doc

The promisors in this case did not stop there but they made the second step by paying a deposit of $ 100 which legally affected the contract

Source - Another student's paper

Laura and Jim who wanted to buy the car in this case did not stop there but they made the second step by paying a deposit of $ 100 which legally affected the contract

Aside from paying the deposit, they should have asked for a receipt for proof that the deposit was refundable. From the case study it is no doubt that Jim and Laura were set on purchasing a vehicle but were undecided after leaving the dealership. I believe they should have never paid a deposit until they were sure of their purchase.

There is nothing in the case to prove that Stan agreed to refund the deposit; therefor, Jim and Laura will forfeit their money unless they decided to move forward with the purchase of the sedan.

Conclusion

Today according to the United States contract laws, many people have found themselves committing to contracts without their knowledge. It is important to understand that most of the contracts can be written or verbal and a contract can be viable even if one element of the contract is missing. It is based on this that it is important to understand the basics of any legal contract or rather business dealing before entering such an agreement. In the case at hand, it is very clear that Laura and Jim have a contract to buy a car from Stan. As it has been and remains to be in law, lack of knowledge of a law is no defense in legal proceedings and Laura Jim cannot therefore defend themselves that they were not aware of the law.

5 References Friedman, L.

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Uploaded - Jim and Laura.doc

References Friedman, L

Source - Another student's paper

References Friedman, M

M. (2011). 4 Contract law in America:

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Uploaded - Jim and Laura.doc

Contract law in America

Source - http://www.studymode.com/topic/Contract

Law of Contract

a social and economic case study. Quid Pro Books.

Hillman, R. A. (2012). 4 The richness of contract law:

Suspected Entry: 73% match

Uploaded - Jim and Laura.doc

The richness of contract law

Source - http://www.studymode.com/topic/Contract

Law of Contract

an analysis and critique of contemporary theories of contract law (Vol. 28). Springer Science & Business Media.