How does this doctrine act as an exception to the elements

Assignment Help Other Subject
Reference no: EM131246584

Learning Activity 1 - Research the doctrine of promissory estoppel online. Use an actual case to help you discuss the following questions:

How does this doctrine act as an exception to the elements and requirements of a contract?

Why does this doctrine exist?

Did the court reach the proper decision in the case you discussed? Your answer should be about 200 words and is due by September 29th at midnight.

Respond in substantial form to at least two of your fellow students' postings by Sunday October 2nd at midnight.

Learning Activity 2 - Directions: Please email the answers to the following questions. I am expecting more than a "yes" or "no" answer. Even if it doesn't state, you need to explain why-use the law to help support your answer. Answers must be emailed to me by midnight October 2nd.

1. Shawn offers to sell Eric his '62 Impala for $9500 in a letter sent registered mail. Shawn tells Eric that he'll keep the offer open for twelve days and Eric agrees to think it over. Two days later, Shawn revokes the offer and Eric protests. Is Shawn allowed to do this? Explain.

2. Would the situation be different if Eric were to pay $25 to keep this offer open for the specified 12 days? Explain.

3. Eric accepts Shawn's offer, but asks him to throw in new tires before the sell. Is Eric's communication a valid acceptance, a rejection, or a counter offer? Explain.

4. Eric sends his acceptance by registered mail April 30. Meanwhile Shawn sends a revocation, also by registered mail, on May 1. The acceptance arrives May 3 and the revocation arrives May 2. Is there a valid contract? Why or why not?

5. Assume Shawn and Eric enter into a valid contact for Eric to purchase his car. Eric pays the $9500 as requested. Shawn discovers Eric is a minor and wishes to dissaffirm the contract. Can he do this? Why or why not?

6. Assume Eric buys the car but it is later stolen. He posts a reward of $500 for any information leading to the recovery of his car. Off duty, Officer Antonio finds and returns the car. Is he eligible for the reward? Why or why not?

7. Assume Karen becomes engaged to Eric. Karen sees an offer in the Macys ad for a wedding gown for only $200. Karen appears at Macys only to discover the dresses are sold out. She then sues Macys claiming they breached the contract she had with them for a $200 dress. Will she succeed? Why or why not?

8. Karen entered into a contract with Jung to design and sew her wedding gown. Karen paid a deposit of $250 and they agreed the gown would be ready for Karen to pick up on April 1st when Karen would pay the remaining $300. Jung discovers the type of silk she was planning to use cost more than she assumed so contacts Karen and states she cannot do the dress unless Karen agrees to pay her an extra $100. When Karen picks up the dress, must she pay the extra money? Why or why not? Explain.

9. What if Jung agrees to make Karen's veil in addition to the dress? Explain.

Reference no: EM131246584

Questions Cloud

What is the best response correspondence of each player i : Iterated Elimination: In the following normal-form game, which strategy profiles survive iterated elimination of strictly dominated strategies?
Find the annual electrical charges : Find the annual electrical charges if the tariff is Rs 60 per kVA of maximum demand per annum plus 5 paise per kWh ; assuming the load to be steady for 2000 hours in a year.
Behavior as a relationship between ends : "Economics is the science which studies human behavior as a relationship between ends & scarce means which have alternative uses" Discuss.
Do a linear regression on the wage of the household : Look at the variables given and analyze one by one whether they can be used to explain the wages of the household head. If you think you need to create new variables - Do a linear regression on the wage of the household head using the variables yo..
How does this doctrine act as an exception to the elements : Research the doctrine of promissory estoppel online. Use an actual case to help you discuss the following questions: How does this doctrine act as an exception to the elements and requirements of a contract? Why does this doctrine exist
Find the set of strategies that survive rationalizability : That is, if player 1 locates his stand at tower 2 and player 2 at tower 3, then 50 people (at towers 1 and 2) will purchase from player 1, while 75 (from towers 3, 4, and 5) will purchase from vendor 2. Each purchase yields a profit of $1.
Results in businesses investing more : Do you think that with the back to school sales tax free holiday, that results in businesses investing more?
Determining the price of coconuts : Robinson Crusoe receives utility from eating coconuts and fish. His utility function is U(C, F) = C + F, where C is units of coconuts and F is units of fish. If the price of coconuts is $10 and the price of fish is $1, what can you say about the b..
Reserve bank wants interest rates to remain unchanged : If the demand for money increases and the Reserve bank wants interest rates to remain unchanged, which of the following would be appropriate policy?

Reviews

Write a Review

Other Subject Questions & Answers

  Economic-political and intellectual climate

What was it in the economic, political, and intellectual climate of that colony that mad it such a hotbed of revolution

  Eye-witness testimony

What kind of implications do the limitations of human memory have on eye-witness testimony?

  How did they use the objects of the piece

After you watch the video, how did you feel? In your interpretation, what was the piece talking about? How did they use the objects of the piece? Write an overall reflection paper about the piece. Write 2 pages, double-spaced, 12 point, Times New ..

  How federal government in dealing with environmental issues

Pick a nationwide story and a statewide story (not necessarily from the state where you live) from The Economist. Analyze the differences between federal and state governments in dealing with environmental issues.

  Find a wide range of job functions

In an Internet retailer, you will find a wide range of job functions. Leaders frequently need to adjust their own expectations to meet the reality of the situation.

  Capable of healthy learning-individual thoughts-social

Purpose question How can we produce measurable learning products while developing children who are capable of healthy learning, individual thoughts, social and moral decision making and work processes

  Compare biological and psychological theories addiction

A summary of each theory of addiction. An explanation of how research supports and refutes each selected theory. A description of how both types of theory influence current best practices. A discussion of whether or not you would use the theories ..

  Business games and case studies-characteristic of e-learning

Which one of the following statements about business games and case studies is FALSE? The most accurate way to evaluate the training program is to. Which one of the following is NOT a characteristic of e-learning?

  Segmentation and positioning

Write a 1,000-to 1,500-word, double-spaced APA formatted paper. using one local retailer of your choice and focusing on the following questions:

  Besides money are negotiable in a job interview

What things, besides money, are negotiable in a job interview? What would be the advantages of using alternative negotiable items? Explain.

  Conditions for women and people of color

Also discuss the effects of Welfare Reform on women and people of color, recommendations to improve the conditions for women and people of color, etc.

  A socioeconomic group shares the same

A socioeconomic group shares the same

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