Four essential elements of contract

Assignment Help Operation Management
Reference no: EM1322520

Identify and define each of the four essential elements of a contract. Use the facts of the case to explain whether each of these elements is present and whether a contract has been formed.

Based on the case that follows, write a 150-word paper that identifies the four essential elements of a contract, describes how each element has or has not been met by the facts presented in the case, and determines whether a contract exists.

Charley offered to pay Sammy $10,000 to burn down Charley's restaurant, The Horse Barn, so that he (Charley) could collect on a fire insurance policy he had acquired when he first opened the restaurant. Since opening the restaurant, Charley had been losing money and he now needed the funds to pay outstanding obligations for which he did not have the cash. Since Sammy needed money to pay for a new car, he burned down The Horse Barn as requested. Sammy then went to Charley's house to collect his money.

Reference no: EM1322520

Explain difference in intrinsic and extrinsic motivation

Reprise the Encarta vs. Wikipedia story. What does this story tell you? Explain the difference between intrinsic and extrinsic motivation. Contingent extrinsic rewards crowd o

Nothing happens until a salesperson sells something

“Nothing happens until a salesperson sells something.” This statement has been around for decades. What does it mean given your new marketing perspective and how more complex

Against tort reform with focus on why organizations leave

Evaluate arguments for and against tort reform with a focus on why organizations leave the United States to avoid large tort damage awards. Use some of the terminology from th

Differant between transaction selling-relationship selling

Whats the differant between transaction selling and relationship selling. identify examples detailing when transaction selling would be appropriately used and also relationshi

Discuss about the earned value management system

In the previous weeks, you developed a plan for project managing acquisition projects. In Week 1, you discussed which tools would be most appropriate for managing cost, sche

Satirical criticism of society and vanity

In your discussion post, explore the validity of Pope’s satirical criticism of society and vanity. Do we make too much of small things? Are humans too vain? What do you think

Limited communication is particularly vital

Alan Westin views that limited communication is particularly vital in which communities due to heightened stimulation and continuous physical and psychological confrontations

Crowd management plan

You are the facility manager for the site of an upcoming major professional sporting event and have received indications that there could be violence between the rival teams’

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd