ETH/321T- 2020/21 Week 4 Apply Assignment

ETH/321T- 2020/21 Week 4 Apply Assignment Tanner has too much work to do to fulfill his contract obligations to Fin. He tells his employee Lil to take care of his duties instead. Determine the status of each person. - Answer-Tanner: Delegator; Lil: Delagatee; Fin: Obligee Larry posts on the internet that he is offering in-home interior design consultations and that interested customers should schedule an appointment and pay a consultation fee on his website. Brenda sends in a letter with a payment and a scheduled time for Larry to go to her house for a consultation. Which of the following is most likely true? - Answer-Contract not created Sue has contracted with RIck to do a landscaping project on her property when she sells the whole property to Sylvia. Sylvia decides she will continue to have Rick do the landscaping project. The parties now need a(n)________ -Answer-Novation Melinda has a contract to pay 13% interest on a personal loan for 5 years. She decides the rate is unfair and files a complaint in court. -Answer-Contract will be Modified Penn contracts with Lisa to do a landscape architecture project on Lisa's property. Before the contract starts, a local city ordinance is instituted which severely limits citizens' ability to plant certain types and numbers of plants in order to conserve water. Penn and Lisa now need to institute a(n) __________. -Answer-Substtution Lincoln has been taking advantage of Benson through an unfair contract for several years. Eventually, Benson seeks relief and legal freedom from his contract. -Answer- Contract is voided, subject to investigation Lucy agrees over the phone with Daryl to sell him "the pretty necklace in the window" in Lucy's pawn shop. Lucy sends Daryl the wrong necklace from a different window. - Answer-Not Guilty Jena is contracting with Brigham to purchase his car. Before the sale, a tree falls on Brigham's car, ruining it. The contract is most likely: -Answer-Void Demonstrate your knowledge of the different types of remedy for breached contracts by filling in the blank. A party can receive __________ damages to restore itself to the position it would have been in if a breach had not occurred. -Answer-compensatory Rusty is a landlord over the apartment Pierre lives in. Pierre is unable to make rent payments, so Rusty makes Pierre do renovation labor on the apartments every day for 6 hours as payment instead. He also makes Pierre sign a contract that he will not move until he catches up to his late payments -Answer-Guilty- undue influence What is the most likely status of the contract for the scenario? Laura, a 17-year-old, signs a contract with her neighbor to buy a car through monthly payments. Laura loses her job the next week and can no longer make the payments. Laura's contract with her neighbor is most likely: -Answer-Voidable Yolanda and Mack are negotiating a contract deal for sale of goods. Yolanda offers Mack $2 per pound for Mack's peanuts. Mack wants to sell them for $2.5