BUSN 420 (BUSN 420)

Discussion - Week 3 Contracts Introduction and Formation Fine Dining You enter an expensive restaurant and are seated by the hostess. A waiter brings you plates, knives, forks, napkins, and other set-ups for dinner, including bread and butter and ice water, all of which you partly consume. When you read the menu, you realize that the prices far exceed what you can afford. You then make it clear that you do not intend to order a meal. • What type of contract (obligation) do you have, if ...

BUSN 420 Week 3 : Contracts: Introduction and Formation, 2021-Week 3 : Contracts: Introduction and Formation – Quiz ;(TCO 4) Craig decides to sell his Double-D Ranch in an auction without reserve. If Craig changes his mind at the auction, he can withdraw his property _____ (Points : 2) only before the auctioneer announces that the ranch is sold. only before the auctioneer delivers the deed to the buyer. under no circumstances. within thirty days after the auction. ;(TCO 4) Michael Harrison ope...

(TCO 1) Your company has been sued for product liability and has a case going to trial next week. In researching some of the applicable cases, you have found some favorable language that interprets the applicable statute. Your supervisor has asked you to write a summary of the circumstances under which the judge should rely on existing case law to determine the intent and purpose of a statute? How do case law and statutory law interact in the American legal process? Does one trump the other or t...

TCO 5) USA Farms offers to sell Valu Bakeries, Inc., fifty bushels of wheat. Valu’s representative Wendy responds, “We agree to buy fifty bushels only if the wheat is Grade A quality.” Wendy’s statement is (TCO 5) Equipt Rental Corporation and Family Custodial Service, Inc., are parties to an oral agreement for a lease of goods with payments in excess of $10,000. They may satisfy the Statute of Frauds by (TCO 5) Kimberly Inc., a jewelry store, and JKCent, a retailer, draft a contract tha...

(TCO 1) Gert, an accountant, contracts to conduct an audit for Hailey. In performing the audit, Gert fails to detect certain misconduct. Gert is most likely _____ (TCO 1) Ike pushes Joan, who falls and breaks her arm. Ike is liable for the injury _____ (TCO 1) Leon files a suit against Moira, a medical doctor, alleging negligence. As a physician, Moira is held to the standard of _____ (TCO 1) Reaching for a bottle of soda from a display in a Bargain Mart store, busn 420 week 2 quiz Cody slips in...

(TCO 1) In a suit against Kathy, Lon obtains specific performance. busn 420 week 1 quiz This is __________________ (TCO 1) The U.S. Congress enacts a new federal statute that sets different standards for the liability of businesses selling defective products. This statute applies ____________________ (TCO 1) Areas of law not governed by statutory or administrative law are ______________________ (TCO 1) Which of the following are “primary sources” of law? Check all that apply. (TCO 1) Propone...

1. (TCO 1) Your company owns a piece of land and is in the middle of purchasing this property to expand their footprint in the community. At the last minute, the seller has backed out of the deal, leaving you with few options. Your supervisor wants to explore the options for remedies in this case. What remedies would be available given the type of transaction and outcome at stake? Would legal damages make the company whole? What equitable remedies may be available? Explain your answer highlight...