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Explanation & Answer
Attached.
Legal Analysis - Outline
Thesis Statement: The law of contract addresses how people relate to each other in contractual
relations.
I.
Introduction
a. The tenets of a contract
II.
The legal issues in the fact matrix
a. Whether there is a contract & whether Ted had to pay $5, 000
b. Whether Laurie has to pay $2,500 or $3,500
c. Whether Beta can Sue Apex for Breach of Contract
III.
Conclusion
Running head: LEGAL ANALYSIS
1
Legal Analysis
Name
Institution
LEGAL ANALYSIS
2
Legal Analysis
Introduction
Contracts offer consistency in the way that the responsibilities of each party relate in the
context of a commercial relationship. There is an offer, which creates a contract when accepted.
The exchange in a deal is the consideration. Contracts are only legally valid if they do not break
any laws of the land, and that leads the discussion on to a voidable contract. The context of an
agreement can be either oral or written. The responses in this p...