Cash-back offer from May 7th to 12th, 2024: Get a flat 10% cash-back credited to your account for a minimum transaction of $50.Post Your Questions Today!

Question DetailsNormal
$ 50.00

BUS 206 Milestone Two

Question posted by
Online Tutor Profile
request

BUS 206 Milestone Two Template To simplify completing this milestone, use this template to help you write your essay. You may use each heading as a starter sentence and then discuss the legal issues presented in the case study using the following guide, if you choose. Be sure to explain and elaborate on how each term applies to the story. Be sure to incorporate the facts of the case into your explanation and analysis. Remember that the document you submit should follow the formatting guidelines described in the Milestone Two Guidelines and Rubric document. A. Various elements must be present to prove that a valid contract exists between Sam and the chain store.  The four elements to a contract are _____________. (Chapter 13)  The first element of _____________ would be deemed to exist if [describe facts that are or should be present].  The second element of _____________ would be deemed to exist if [describe facts that are or should be present].  The third element of _____________ would be deemed to exist if [describe facts that are or should be present].  The fourth element of _____________ would be deemed to exist if [describe facts that are or should be present].  If the elements of a contract did exist between these parties, there could still be some possible reasons why a contract might not be valid based on facts not present in the scenario. For example, if Sam was a minor at the time he made the agreement with the chain store, the contract would not be valid because _____________. List some other reasons and elaborate on why a contract might be invalid.  Discuss and explain any other information you deem relevant to this answer. (Chapters 13, 14, 15, and 16) B. Even if there is not a valid legal contract between Sam and the chain store, there may still be a quasi-contract (Chapter 13) or elements of what is called a promissory estoppel. (Chapter 15)  A quasi-contract is defined as_____________. In this case, a quasi-contract may exist if the following facts are true: _____________. (Chapter 13)  A promissory estoppel is defined as _____________. This principle might apply to this case if _____________. (Chapters 13 and 16)  Discuss and explain any other information you deem relevant to this answer. C. The rights and obligations of both the landlord and tenant depend upon the term of their contract. Such a contract may be verbal or in writing under a standard residential lease agreement. (Chapters 13 and 50)  Some facts that may support that Sam is in breach of that contract are _____________.  Some facts that may support that Sam is not in breach of that contract are _____________. (Chapters 16, 17, and 50)  Discuss and explain any other information you deem relevant to this answer. D. Based upon those rights and obligations, Sam’s landlord has/does not have grounds to evict because _____________.  Elaborate and explain. E. Some defenses Sam might raise if his landlord tries to evict him include _____________ because_____________.  Elaborate and explain for each reason offered. Discuss and explain any other information you deem relevant to this answer. (Chapters 13, 14, 15, and 16)

Available Answer
$ 50.00

[Solved] BUS 206 Milestone Two

  • This solution is not purchased yet.
  • Submitted On 14 May, 2022 01:49:53
Answer posted by
Online Tutor Profile
solution
Business Law Name Institution Page Break Business Law Various elements must be present in any agreement to prove that a valid contract exists between Sam and the chain store. The four elements of a contract are an offer, acceptance, consideration, and mutual obligation (Savelyev, 2017). The first element of a contract, offer, would be deemed to exist if the parties expressed their promises to do or refrain from doing specific actions in the future (Savelyev, 2017). In this case, there exists an oral offer between Sam and the chain store because Sam verbally told the store manager that he would ship 1,000 units to the facility. Although it is difficult to prove that an oral contract exists, it is legally enforceable. Therefore, Sam has already made an offer to the chain store. The fact that Sam told Quinn about his commitment to work on his invention, and Quinn wished him good luck; no valid offer was made in this case. The second element of a contract is a consideration; and would be deemed to exist if either party in the contract paid some value, usually money, to the party who made the offer (Sherwin, 2015). Consideration refers to some valuable item to be exchanged for the specific action or nonaction as outlined in the offer. As such, it is imperative to highlight that no consideration is stated in the case study. Despite that Sam had promised to ship 1,000 units to the store, no payment was agreed for the same. Therefore, no consideration exists in the agreement between Sam and the chain store. Imperatively, consideration would be deemed to exist if the chain store had committed to pay or paid a certain amount of money for the supply of 1,000 units by Sam. As such, no valid contract exists between Sam and the chain stor...
Buy now to view the complete solution
Other Similar Questions
User Profile
termp...

Milestone One Template.docx BUS 206 BUS 206 Milestone One Donald Margolin is a professi

Milestone One Template.docx BUS 206 BUS 206 Milestone One Donald Margolin is a professional Chief Executive Officer and public speaker who bought a bottle of Funny Face after-shave lotion online. After using it one time hi...
User Profile
termp...

Milestone One Template BUS 206 BUS 206 Milestone One Donald Margolin is a professional

Milestone One Template BUS 206 BUS 206 Milestone One Donald Margolin is a professional Chief Executive Officer and public speaker who bought a bottle of Funny Face after-shave lotion online. After using it one time his fac...
User Profile
termp...

BUS 206 Milestone One.docx BUS 206 Milesto

BUS 206 Milestone One.docx BUS 206 Milestone One Case Study Southern New Hampshire University BUS-206-R3940 Business Law 1 21EW3 In Case Study One Donald Margolin Empire Inc....
User Profile
termp...

BUS 206 6 1 Case Analysis.docx BUS 206 BUS 206 Module 6 Case Analysis New Hampshire U

BUS 206 6 1 Case Analysis.docx BUS 206 BUS 206 Module 6 Case Analysis New Hampshire University Lucy v. Zehmer is a U.S. case regarding contract formation and enforceability of a contract in the common law. On December...
User Profile
termp...

BUS 206 Module Seven Assignment.docx BUS 206 Business Law I Southern New Hampshire Un

BUS 206 Module Seven Assignment.docx BUS 206 Business Law I Southern New Hampshire University Final Project Submission: Case Study Analyses Case Study One Chris, Matt, and Ian, who live in California, have decided t...

The benefits of buying study notes from CourseMerits

homeworkhelptime
Assurance Of Timely Delivery
We value your patience, and to ensure you always receive your homework help within the promised time, our dedicated team of tutors begins their work as soon as the request arrives.
tutoring
Best Price In The Market
All the services that are available on our page cost only a nominal amount of money. In fact, the prices are lower than the industry standards. You can always expect value for money from us.
tutorsupport
Uninterrupted 24/7 Support
Our customer support wing remains online 24x7 to provide you seamless assistance. Also, when you post a query or a request here, you can expect an immediate response from our side.
closebutton

$ 629.35