B Law and Humanities ***Professor Anthony ONLY***

Read/watch all assigned materials listed for the week in Course Content. You should cite to these materials in your postings as well as specific articles materials, if any, listed below with each learning activity. Be sure to read the assigned case summaries.

Answer each question part in paragraph format using APA in text citations.

You do not need to use resources other than those assigned, unless specifically instructed to do so.

If you do use additional internet resources, the following are suggested reliable resources: The Wall Street Journal, Law School Law Review Journals, Large metro newspapers, i.e., The New York Times, The Chicago Tribune, The Washington Post, etc, Forbes, The Economist, Business Week. DO NOT use local newspapers, Wikis or blogs.

Comprehensively, specifically justify/support and explain your rationale for your conclusions.

Learning Activity #1

Because there is so much important information in this week's materials, LA 1 includes 2 written assignments. Include them both in your post labeled LA 1 and label each assignment as noted below, Case A and Case B.

Case A: Myra owns a house which she advertises for sale for $400,000. On May 1, Nic offers Myra $380,000 for the house. Myra does not reply immediately, but on May 5, Myra delivers to Nic at his office a form that includes additional terms for the sale of the house, but does not state a price.

At 9:00 a.m on May 6, Nic signs the form from Myra and gives it to Odell, his administrative assistant, with instructions to mail it to Myra. Odell does not mail the signed form on May 6. At 10:00 am, May 6, Myra calls Nic to say the deal is off.

May 7, Odell mails the form signed by Nic to Myra. When Myra receives the signed form from Nic, she refuses to sell the house to him. Nic files a lawsuit against her for breach of contract.

1. Which contract law applies to this case: UCC or common law?

2. What is the court likely to rule on the breach of contract claim? And why?

Case B: Ed, a business person is a friend of Fran, the owner of a candy story. Every day, Ed spends a few minutes in Fran's candy store, looking at the candy and usually buying one or two candy bars or other candy. One afternoon, Ed went in the store, looked at the candy, picked up a $1 candy bar, waved the candy bar at Fran without saying a word, Fran nods and then Ed left the store.

1. Is there a contract between Ed and Fran? Why or why not?

2. If there is a contract, what type of contract and how was it formed, specifically?