Reference no: EM131445008
Question: Jim and Laura Buyer visit the local car dealership because they are interested in buying a new car. The car they currently have is aging and is starting to have mechanical problems. Jim and Laura would share the new car, and use it to go back and forth to work and school. Before going to the dealership, Jim and Laura decide that they can only afford $400.00 a month in car payments.
Once at the car dealership, Jim and Laura meet Stan Salesman. Stan shows them several vehicles and Jim and Laura test-drive several of the cars. Jim and Laura particularly like the blue 4-door sedan. Therefore, they agree to give Stan Salesman a $100.00 deposit to hold the car for a day. Stan Salesman does not give them the receipt but guarantees that the $100.00 is refundable. No documents were signed.
The next day, Stan Salesman calls Jim and Laura to ask them when they would like to take delivery of the car. Jim and Laura, on the way home from the dealership, decided that they were not going to buy the car because they did not want to spend that money each month. Therefore, Jim and Laura tell Stan salesman that they have decided not to buy the car and request their $100.00 deposit back.
Stan insists that the $100.00 was a deposit on the car and was meant to be part of the contract to buy the car. Stan is very persistent and insistent that Jim and Laura have contracted to buy the car; therefore, the $100.00 will be applied to the purchase price of the car. Jim and Laura are shocked and angry as not only do they not want to spend the money, but now feel as though they are being duped by Stan Salesman.
Jim and Laura have an appointment to see a lawyer in a few days, but know you are a student taking a business law class and come to you for advice. They are very frazzled, and understandably upset that they may have just purchased a car. Since you have been taking business law, you have read and understand the elements of a contract and the defenses to a contract. Therefore, although you are not a lawyer, you provide some basic advice from what you've learned in your business law class.
In three to five (3-5) pages, advise Jim and Laura based on the above facts as presented, the material provided in the text, and material covered in the lecture. In your paper, be sure to address the following:
1) Define the elements of a legal contract using examples from the scenario where applicable.
2) Decide whether or not there was a contract for the purchase of the automobile.
3) Identify the facts from the scenario which support your decision on whether or not a contract exists for the purchase of the automobile.
4) Use at least two (2) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as quality academic resources.
5) Format your assignment according to the following formatting requirements:
- Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
- Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page is not included in the required page length.
- Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length.
Database to research a topic related to human rights
: For this assignment, you will go to the CSU Online Library and use the Academic Search Complete database to research a topic related to human rights. In addition, once you pick your topic, you may want to do online research to find additional info..
|
What is the relationship between law and ethics
: What is the relationship between law and ethics? What might you do if you were faced with a conflict between a legal standard and an ethical principle
|
Write an essay that answer the given prompt
: Write an essay that answer the prompt below in six paragraphs at east and use the sources in your writing and CITE them
|
Develop a training model for a local company
: Your Learning Team has been chosen to develop a training model for a local company that provides mental health services
|
Define the elements of a legal contract
: Jim and Laura Buyer visit the local car dealership because they are interested in buying a new car. The car they currently have is aging and is starting to have mechanical problems.
|
Database implementation and system prototype
: AACS3154 WEB-BASED SYSTEMS DEVELOPMENT Project Specification - Construct the ERD (using standard notations as recommended by your supervisor) that shows the relevant relationships and cardinalities between each database entity.
|
How well is your community doing in its pursuit of justice
: If the justice mandate is extended to political communities what does it look like for a state, county or city to be working towards justice? How well is your community doing in its pursuit of justice and in what ways could you be engaged to make ..
|
Advertisement that you find to be interesting
: SLIDE 1: Share a link or image of an advertisement that you find to be interesting. SLIDE 2: What is the ad trying to sell? SLIDE 3: Describe how you feel this ad is trying to influence the audience
|
Search genie the wild child
: Go to YouTube.com and search "Genie the Wild Child". If you do not have access to videos, you can look this up online to read an overview. Summarize what happened to Genie. Is her behavior a result of Nature or Nurture?
|