Reference no: EM131473150

Assignment

Question 1

The Uniform Commercial Code incorporates some of the same elements as the Statute of Frauds. Under the Statute of Frauds, certain contracts must be in writing to be enforceable. Research the types of contracts that must be in writing under the Statute of Frauds.

Do you agree with the contracts that need to be in writing and explain why or why not? Imagine that you were asked to be part of a team to draft revisions to the Statute of Frauds. What changes or proposals would you make? Why?

Respond to this... The Statute of Frauds requires that certain types of contracts be in writing to be able to be enforced. These types of contracts include goods that are priced at $500 or more, interest in land, promises to pay off debt, and contracts that cannot be performed within one year, all of which have been signed by the defendant to be enforceable. I do think that all of these contracts should be in writing because it is a type of safeguard of the resource to ensure that each party is responsible for whatever the contract is regarding. For example, if we did not have to sign for a car loan, the responsible party that needs to pay the loan back could walk away, and without a signature of agreement to the terms of the loan, it would be hard for the company to fight for their money, as there is no signature enforcing the agreement.

If I had to revise something with the Statute of Frauds, I would change the contacts that cannot be performed within one year. I think one year is a long time to let a contract slide. I feel that six months sounds more reasonable. I guess if I was a business and I did not get commitment to a contract for a whole year, I feel this would greatly affect my business. I also think it might be a harder fight to get whatever the other party is responsible for as it was a year ago. As a business, I think I would want to pursue a breach of contract in three or four months even. That is a long time to not pay up.

Question 2

Let's assume that you are interested in doing a statistical survey and you use confidence intervals for your conclusion. Describe a possible scenario and indicate what the population is, and what measure of the population you would try to estimate (proportion or mean) by using a sample.

• What is your estimate of the population size?
• What sample size will you use?
• How will you gather information for your sample?
• What confidence percentage will you use?

Let's assume that you have completed the survey and now state your results using a confidence interval statement. You can make up the numbers based on a reasonable result.

Respond to this... had found a study in Australia and New Zealand where they wanted to see if there was efficient care when dealing with people that suffered from acute coronary syndrome, that required an understanding of the sources of variation in their care. Basically, they wanted to see if the people that did not speak English well were receiving the same amount of care as the English proficient ones. Basically, the result was out of 4387 patients, 294 LEP (less efficient English patients) were older (70.9 vs 66.3 years; P< 0.001), and higher prevalence of suffering from high blood pressure (71.1% vs 62.8%; P=0.007), diabetes (40.5% vs 24.3%; P< 0.001), and had kidney damage (16.3% vs 11.1%; P=0.007) compared to the other 4093 (Hyun, et al., 2017). Once they were in the hospital, there was no difference on how they received the care, they were not treated differently. Patient demographics, medical history, in hospital care, and acute and late outcomes were used in this study to compare the two groups. A multiple-adjusted regression model was used for length of stay, and multiple adjusted logistic regression models were used for each of the outcomes to estimate the offs ratios and corresponding 95% confidence intervals (Hyun, et al., 2017). I think this conclusion made since to me. If someone that doesn't speak English (or any language that is not native to the country that you are in) will not seek out medical help for any issues because they will not necessarily know what is happening and would rather take their chances. I am at least glad to know that once that patient reaches to the hospital they are treated just as fairly as the English speaking patients.

Hyun, K., Redfern, J., Woodward, M., Briffa, T., Cher, D., Ellis, C., . . . \. (2017, May/June). Is There Inequity in Hospital Care Among Patients With Acute Coronary Syndrome Who Are Proficient and Not Proficient in English Language?: Analysis of the SNAPSHOT ACS Study. Is There Inequity in Hospital Care Among Patients With Acute Coronary Syndrome Who Are Proficient and Not Proficient in English Language?: Analysis of the SNAPSHOT ACS Study, 288-295. doi:10.1097/JCN.