Contracts Rules Everything Around Me Contracts move every aspect of commerce; bi
Contracts Rules Everything Around Me
Contracts move every aspect of commerce; big and small; down to every transaction in which you participate; down to the home you buy; the products you buy on Amazon; to the food you buy at the grocery store.
What questions do you have regarding the necessary elements required to form a legally binding contract; or in what circumstances is a contract legally formed or not?
• (15) points will be awarded for a thoughtful question in this discussion thread that proposes a question of law for the class to answer whether a contract was legally formed or not? You must also provide a sufficient set of facts in which to apply the question of law. This can even be from a simple personal experience such as when you select an apple in the grocery store: are you offering to purchase the apple or accepting the advertised offer to purchase the apple? (more facts would be needed here to make this a thoughtfully proposed question but hopefully you get the idea).
(25) points will be awarded for a correct, thoughtful response to a question. In your response you must provide a source for the law or laws that support your conclusion (which will be a citation to the textbook). If your response does not have a source of law, then it is merely opinion. Law is formed by caselaw, statutes and regulations; both state and federal; also to a lesser degree by city ordinances. Your textbook summarizes the law to the degree necessary for this course. Please also provide the necessary elements to form a legally binding contract in your answer. Expound in depth where necessary to support your conclusion. It is encouraged to have more than one answer to a question as the first responders are not always correct or awarded full points for having a meaningful response.
(40) points total are available per student on the basis of: one question worth (15) points and one answer worth (25) points.
We will moderate the discussion if the responses are going in an unproductive direction but I’m guessing that with the high number of students in this class, that the correct and best answer will get refined over time (or not – the best could be the first?) I am hoping that this exercise can 1) help you understand all the various ways we are affected by contracts and 2) expound on the knowledge you have already learned on the subject matter.
The question that I chose for you to respond to is below:
Before I moved to California from Minnesota, I contacted a few moving companies that could help me with the process of moving out of state. I received a few quotes from some companies.One of the above-mentioned quotes said to have ‘‘no hidden fees’’; this quote was given with information provided over the phone, and I made sure to make a list of all the items I was going to take with me and tell them the exact amount and dimensions. We went over the quote multiple times until I finally agreed with the price. They assured me that the price was settled, and we finalized the contract.When the time of the move came, the company arrived at my residence and decided that the quote wasn’t accurate, and they needed to up the price as there were more items than they expected. I grabbed my contract with the quote we had agreed on and went over all the items I had listed, noting that there were no items that weren’t already on the list. They insisted that there were more items than expected and said that the price needed to go up.Since I didn’t have any other options, and I had to give up my apartment the next day, I decided to get rid of some of my furniture to keep the price as close as originally planned. The company didn’t take any responsibility stating that they didn’t have enough information to create an accurate quote from the beginning and they should’ve done an inspection in person beforehand, something they had never mentioned before.The question is, could the contract that was revised at the last minute be considered an enforceable contract?
Go ahead and write out my response to this discussion post, as well as an answer to the question that I provided.