Reference no: EM133982645

Assignment: Legal Ethics Scenarios

Select one of the two scenarios. Support your responses with appropriate cases, laws and other relevant examples by using at least one scholarly source from the library in addition to your textbook for each scenario. Your paper should be between 2 and 3 pages long, excluding the title page and references page.

Scenario I: Contracts and Capacity

Chet Gaines, the director in the real estate division of Jabil, met with Mack Smith about purchasing a large tract of land owned by Smith in Clearwater Florida. Gaines knew the company planned to clear the property to create a new distribution center. Gaines judged Smith to be 80 to 85 years old. During the meeting, Gaines noticed several brochures about dementia and assisted living facilities, as well as several prescription bottles sitting on the table. After discussing the good old days for several hours, Gaines and Smith agreed on the sale of the land for $500,000. Since Gaines brought a blank copy of a contract with him, he helped Smith complete the paperwork and both parties signed. Unbeknownst to either party, the purchase price was written as $50,000. On the day before the closing, Gaines called Smith to remind him of the location of their meeting to sign the remaining documents. Confused, Smith said he didn't know anything about selling that land and he had no intention of selling his land to some young shyster who was still wet behind his ears and was trying to cheat him.

A. What are the basic requirements for contract formation? Get the instant assignment help.
B. What defects in the contract formation process may have occurred?
C. Does Gaines, on behalf of Jabil, have a valid contract with Smith?

Scenario II: Contracts

Joy Martin was a nurse at Morton Plant Hospital when she was approached by Teresa Dawson, who was in charge of human resources at a competing medical facility, Bayfront Hospital. Dawson offered Martin a substantial raise to leave Morton Plant to work for Bayfront. When Martin's boss heard about the offer, he told her, "If you agree to stay with Morton Plant for at least three years, I promise that next year you will receive a promotion with a 10% raise." Martin turned down Dawson's offer and stayed with Morton Plant. Eight months later, Martin was dismissed when Morton Plant was acquired by Bayfront. Martin sued for breach of contract.

A. Can Martin enforce her boss's promise?
B. What theory or theories would Martin use?
C. Provide arguments for both sides determine which party wins and provide support for your decision.