BUS206 SNHU Milestone 2 Sam & Chain Store Owner's Contract Law Analysis

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Question Description

Guidelines for Submission: Your submission should be a three- to six-page Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Citations should be formatted according to APA style.

Specifically, the following critical elements must be addressed:

A. Analyze the elements of this case to determine whether a valid contract exists between Sam and the chain store. Support your response by identifying the elements of a valid contract in your analysis. B. Assume there is not a valid contract between Sam and the chain store. Analyze the elements of a quasi-contract and a promissory estoppel to determine whether the chain store would prevail on a claim of either. Why or why not? Include support for your analysis. C. Identify the rights and obligations of both the landlord and tenant under a standard residential lease agreement. D. Based upon those rights and obligations, does Sam’s landlord have grounds to evict? Why or why not? E. Further, what defenses might Sam raise to an eviction action? Support your response.

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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) BUS 206 Milestone Two Guidelines and Rubric Overview: Business law impacts our everyday lives, both personally and professionally. Businesses enter contracts, manufacture goods, sell services and products, and engage in employment and labor practices—activities that must all adhere to certain laws and regulations. Recognizing and evaluating legal issues is a fundamental skill that will help you navigate commercial relationships and avoid potential problems in the business world. Prompt: Imagine yourself as a paralegal working in a law office that has been tasked with reviewing three current cases. You will review the case studies and compose a short report for each, applying your legal knowledge and understanding of the types of business organizations. In each of the three reports, you will focus on areas of law covered in this course. Case Study Two concentrates on contracts and landlord-tenant law. Case Study Two: Sam Stevens lives in an apartment building where he has been working on his new invention, a machine that plays the sound of a barking dog to scare off potential intruders. A national chain store that sells safety products wants to sell Sam’s product exclusively. Although Sam and the chain store never signed a contract, Sam verbally told a store manager several months ago that he would ship 1,000 units. Sam comes home from work one day and finds two letters in his mailbox. One is an eviction notice from his landlord, Quinn, telling him he has to be out of the apartment in 30 days because his barking device has been bothering the other tenants. It also states that Sam was not allowed to conduct a business from his apartment. Sam is angry because he specifically told Quinn that he was working on a new invention, and Quinn had wished him luck. The second letter is from the chain store, demanding that Sam deliver the promised 1,000 units immediately. Specifically, the following critical elements must be addressed: A. Analyze the elements of this case to determine whether a valid contract exists between Sam and the chain store. Support your response by identifying the elements of a valid contract in your analysis. B. Assume there is not a valid contract between Sam and the chain store. Analyze the elements of a quasi-contract and a promissory estoppel to determine whether the chain store would prevail on a claim of either. Why or why not? Include support for your analysis. C. Identify the rights and obligations of both the landlord and tenant under a standard residential lease agreement. D. Based upon those rights and obligations, does Sam’s landlord have grounds to evict? Why or why not? E. Further, what defenses might Sam raise to an eviction action? Support your response. Guidelines for Submission: Your submission should be a three- to six-page Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Citations should be formatted according to APA style. Rubric Critical Elements Case Study Two: Valid Contract Exemplary (100%) Meets “Proficient” criteria, and analysis is well qualified with concrete examples and is well supported and plausible Proficient (85%) Analyzes the elements of the case to determine whether a valid contract exists between Sam and the chain store and supports response by identifying the elements of a valid contract Case Study Two: Quasi-Contract Meets “Proficient” criteria and cites scholarly research to substantiate claims Analyzes the elements of a quasicontract and a promissory estoppel to determine whether the chain store would prevail on a claim of either, logically explains why or why not, and includes support for analysis Case Study Two: Rights and Obligations Meets “Proficient” criteria and is accurate in effectively discussing nuanced rights and obligations in the relationship between the landlord and tenant Correctly determines the rights and obligations of both the landlord and tenant under a standard residential lease agreement Case Study Two: Grounds to Evict Meets “Proficient” criteria and provides a thorough, step-by-step analysis with specific supporting evidence applied to each element of the relevant legal test Correctly determines whether Sam’s landlord has grounds to evict based upon the previously stated rights and obligations Case Study Two: Defenses Meets “Proficient” criteria and cites scholarly research to substantiate determination Accurately determines what defenses Sam might raise to an eviction action and effectively supports the response Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy to read format Submission has no major errors related to citations, grammar, spelling, syntax, or organization Articulation of Response Needs Improvement (55%) Analyzes the elements of the case to determine whether a valid contract exists between Sam and the chain store, but analysis is incorrect or does not support response by identifying the elements of a valid contract Analyzes the elements of a quasicontract and a promissory estoppel to determine whether the chain store would prevail on a claim of either and explains why or why not, but the explanation is cursory and/or illogical or does not include support for analysis Determines the rights and obligations of the landlord or the tenant under a standard residential lease agreement (but not both) or is incorrect in which rights and obligations apply Determines whether Sam’s landlord has grounds to evict but does not base determination on the previously stated rights and obligations or is incorrect in determination Determines what defenses Sam might raise to an eviction action but is not accurate in determination or support is ineffective Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Not Evident (0%) Does not analyze the elements of the case to determine whether a valid contract exists between Sam and the chain store Value 18 Does not analyze the elements of a quasi-contract and a promissory estoppel to determine whether the chain store would prevail on a claim of either 18 Does not determine the rights and obligations of both the landlord and tenant under a standard residential lease agreement 18 Does not determine whether Sam’s landlord has grounds to evict 18 Does not determine what defenses Sam might raise to an eviction action 18 Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas Earned Total 10 100% ...
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School: Cornell University

Hello check your assignment below...

Running Head: LAW OF CONTRACT

1

Case Study Analysis of Sam and Chain store owner’s Contract
Name
Institution

LAW OF CONTRACT

2

PART A
Case Study Analysis of Sam and The chain store owners’ Contract
Contracts made between two parties should constitute several elements to make the contract
legally binding (Stone, 2013). A contract can be expressed either in writing or oral form. Sam
had a verbal contract with the chain store. The four main elements that come out clear from Sam
and the chain store owner’s contract include an offer, consideration, contractual capacity, and the
right object.
An offer is defined as promise usually in exchange for performance by the two parties
undertaking the contract. According to the above case, an offer existed between the two parties.
Sam offered to deliver 1000 units of his invention. However, it is not specified about the terms
and conditions of the offer such as compensation and timeline.
A valid contract should also constitute a consideration. This refers to the benefits that the
two parties will decide on in making the contract. According to the case study, Sam had agreed
to deliver 1000 units of his invention though it is not clear on what Sam will get in return. It can
be paid in the form of money or any current mode.
Another critical element that needs to present to prove a valid contract is the contractual
capacity of the two parties to enter in ...

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