Learning Goal: I’m working on a business law multi-part question and need a reference to help me learn.
Contracts Rules Everything Around Me
Contracts move every aspect of commerce; big and small; down to every transaction in which you participate; down to the home you buy; the products you buy on Amazon; to the food, you buy at the grocery store.
What questions do you have regarding the necessary elements required to form a legally binding contract; or in what circumstances is a contract legally formed or not?
• (15) points will be awarded for a thoughtful question in this discussion thread that proposes a question of law for the class to answer whether a contract was legally formed or not? You must also provide a sufficient set of facts in which to apply the question of law. This can even be from a simple personal experience such as when you select an apple in the grocery store: are you offering to purchase the apple or accepting the advertised offer to purchase the apple? (more facts would be needed here to make this a thoughtfully proposed question but hopefully you get the idea).
(25) points will be awarded for a correct, thoughtful response to a question. In your response, you must provide a source for the law or laws that support your conclusion (which will be a citation to the textbook). If your response does not have a source of law, then it is merely opinion. Law is formed by case law, statutes, and regulations; both state and federal; also to a lesser degree by city ordinances. Your textbook summarizes the law to the degree necessary for this course. Please also provide the necessary elements to form a legally binding contract in your answer. Expounding in depth was. necessary to support your conclusion. It is encouraged to have more than one answer to a question as the first responders are not always correct or awarded full points for having a meaningful response
Category: Business Law
[A] Suppose that the following milestones apply to a hypothetical based on Brodgen v Metro Railway. Brogden supplies coal to Metro on a regular basis. On April 1, Brogden and Metro negotiated a draft concerning the supply of coal.
Suppose that the following transactions take place:
April 5: Brogden shipped but Metro rejected 75,000 tons of coal
May 5: Brogden shipped but Metro rejected 85,000 tons of coal
May 25: Brogden shipped and Metro received 630,000 tons of coal
June 2: Brodgen shipped and Metro received the delivery of 45,000 tons of coal
July 2: Brogden shipped and Metro received 50,000 tons of coal
August 2: Brogden shipped and Metro received 125,000 tons of coal
August 29: Brogden shipped and Metro received 750,000 tons of coal
[1] On what date, if any, does an implied contract between Brogden and Metro come into force? ________ (date) [ILO C1] (2 marks)
[2] What, if any, would be the contractual liability of Metro to Brogden? Answer in aggregate tons:_____ (number) [ILO B1] (2 marks)
[3] What effect, if any, did the event of June 2 have on that contractual liability? Explain in terms of implied contact theory in one sentence only on the lines provided:___________________________________________________________________________________________ __________________________________________________________________________________________________[ILO C1] (1 ½ marks)
[4a] Identify the theory of the cause of action from the branch “Contracts” for Brogden’s claim against Metro for non-contractual liability:_________________________________________ (max limit three words)[A1/C1] (1 mark)
[4b] Identify the basis of recovery under that theory:________________________________(max limit three words)[A1] (1 mark)
[5] Using data from [B3] below, determine damages payable using the above-identified theory & recovery basis:______________ (number)
[ILO B1] (2 marks)
[B] Witham tendered successfully for the supply of coal to the Great Northern over a period on one year. In his tender, Witham undertook to supply such quantities as Great Northern may order from time to time. Assume that the tender was on Feb 15, the winner was announced on March 15 and the obligations pursuant to the tender began on April 1. Suppose that on June 15, Witham informed Great Northern of intent to opt out and 8 days later Great Northern received the registered letter to that effect.. Suppose that Great Northern placed the following orders on Witham on the following dates:
Date of Order Coal (tons)
April 12
25,000
May 3
75,000
June 18
45,000
June 30
200,000
July 15
90,000
August 12
65,000
Sept 5
85,000
Sept 15
35,000
Oct 8 110,000
If in the tender the opt out notice period is stipulated as 60 days from date of the receipt by the tender awarder as evidenced by return receipt:
[1] On what date will obligations of the tender awardee cease pursuant to the opt out? ___________ (date) [ILO A1] (1 ½ marks)
[2] How many tons will the tender awardee be obligated to supply the tender awarder? ____________ (number) [ILO B2] (1 ½ marks)
[3] Assume that the tender awarder supplied no coal to the tender awardee and plans to sue the tender awarder. How much ordinary damages is the tender awarder likely to be awarded if, in 1873, the price of anthracite coal in the market (PM) was $4.27 but in the tender the price was stipulated contract price (PK) of $4.25 for that year.
Indicate the formula for ordinary damages (DO) = _______________________ [ILO A1] (1 marks) DO=$_______________ (number) [ILO B1]
(1 ½ marks)
[A] Suppose that the following milestones apply to a hypothetical based on Brodgen v Metro Railway. Brogden supplies coal to Metro on a regular basis. On April 1, Brogden and Metro negotiated a draft concerning the supply of coal.
Suppose that the following transactions take place:
April 5: Brogden shipped but Metro rejected 75,000 tons of coal
May 5: Brogden shipped but Metro rejected 85,000 tons of coal
May 25: Brogden shipped and Metro received 630,000 tons of coal
June 2: Brodgen shipped and Metro received the delivery of 45,000 tons of coal
July 2: Brogden shipped and Metro received 50,000 tons of coal
August 2: Brogden shipped and Metro received 125,000 tons of coal
August 29: Brogden shipped and Metro received 750,000 tons of coal
[1] On what date, if any, does an implied contract between Brogden and Metro come into force? ________ (date) [ILO C1] (2 marks)
[2] What, if any, would be the contractual liability of Metro to Brogden? Answer in aggregate tons:_____ (number) [ILO B1] (2 marks)
[3] What effect, if any, did the event of June 2 have on that contractual liability? Explain in terms of implied contact theory in one sentence only on the lines provided:___________________________________________________________________________________________ __________________________________________________________________________________________________[ILO C1] (1 ½ marks)
[4a] Identify the theory of the cause of action from the branch “Contracts” for Brogden’s claim against Metro for non-contractual liability:_________________________________________ (max limit three words)[A1/C1] (1 mark)
[4b] Identify the basis of recovery under that theory:________________________________(max limit three words)[A1] (1 mark)
[5] Using data from [B3] below, determine damages payable using the above-identified theory & recovery basis:______________ (number)
[ILO B1] (2 marks)
[B] Witham tendered successfully for the supply of coal to the Great Northern over a period on one year. In his tender, Witham undertook to supply such quantities as Great Northern may order from time to time. Assume that the tender was on Feb 15, the winner was announced on March 15 and the obligations pursuant to the tender began on April 1. Suppose that on June 15, Witham informed Great Northern of intent to opt out and 8 days later Great Northern received the registered letter to that effect.. Suppose that Great Northern placed the following orders on Witham on the following dates:
Date of Order Coal (tons)
April 12
25,000
May 3
75,000
June 18
45,000
June 30
200,000
July 15
90,000
August 12
65,000
Sept 5
85,000
Sept 15
35,000
Oct 8 110,000
If in the tender the opt out notice period is stipulated as 60 days from date of the receipt by the tender awarder as evidenced by return receipt:
[1] On what date will obligations of the tender awardee cease pursuant to the opt out? ___________ (date) [ILO A1] (1 ½ marks)
[2] How many tons will the tender awardee be obligated to supply the tender awarder? ____________ (number) [ILO B2] (1 ½ marks)
[3] Assume that the tender awarder supplied no coal to the tender awardee and plans to sue the tender awarder. How much ordinary damages is the tender awarder likely to be awarded if, in 1873, the price of anthracite coal in the market (PM) was $4.27 but in the tender the price was stipulated contract price (PK) of $4.25 for that year.
Indicate the formula for ordinary damages (DO) = _______________________ [ILO A1] (1 marks) DO=$_______________ (number) [ILO B1]
(1 ½ marks)
Describe a balanced approach to embracing both Western individualism and Eastern collectivism. What would the profile and presentation of persons who embrace the best of both approaches be or is that even possible or helpful to resolve the seemingly opposite nature of these two ways of being?
Do gun manufacturers have a social responsibility to the community? If so, what do they believe their CSR is (based on what they say on their website). What do they specifically say about guns and social responsibility, if at all? If not stated, how should/can they meet that responsibility? If stated, do you think it is sufficient?
Your initial post should be ~200–400 words in length.
Do gun manufacturers have a social responsibility to the community? If so, what do they believe their CSR is (based on what they say on their website). What do they specifically say about guns and social responsibility, if at all? If not stated, how should/can they meet that responsibility? If stated, do you think it is sufficient?
Your initial post should be ~200–400 words in length.
Kelo v City of New London – Eminent Domain
Could somebody please tell me the facts of Kelo v. City of New London (full text of the case is attached)? What was the issue in this case and what do you think of the Court’s decision?
this is a discussion board. The answer is posted to demonstrate knowledge of eminent domain and the laws that apply to this case. Should be at least two paragraphs which 1. tell the facts of the case 2 states the issue involved in the case 3. analyze the court’s decision and discuss how the laws applied and thoughts on the court’s decision.
Your assignment is to develop a code of ethics for UCR’s School of Business. First, to aid you in your development of the code of ethics, think through (and answer) the following questions:
Which ethical principles are most relevant for you in this situation (deontology, utilitarianism, fairness)? Why? What are the individual-level and community-level effects of unethical behavior (however you define it)?
Define a set of ethically-questionable behaviors. Define a set of potential consequences for unethical behavior.
What are other students’ views on these behaviors? Their views on punishment?
Once you’ve thought through these questions, develop your code of ethics. It should include:
A mission statement/motto.Think: How should the school portray itself to the University and the public?
Specific guidelines.Think: What is covered? Which behaviors are to be encouraged or discouraged?
Enforcement.Think: What are the consequences for failure to uphold the code of ethics?
In your own words, explain class conflict theory and femenist theory. Then give an example of how class conflict theory and femenist theory could be used to explain or understand a social issue.
Which sociological theory was most challenging for you, either to understand or to consider as it might apply to a social problem?
In this project, you will demonstrate your mastery of the following competency:
Describe the foundational elements of the U.S. legal system and the relationships among them
Scenario
You are a successful small business owner and have been asked by the local chapter of the Junior Entrepreneurs Association, a club for high school students interested in business careers, to make a presentation. The title of the presentation is “The U.S. Legal System and Business.” You have been provided with a detailed topic outline for your presentation and have been asked to touch on every topic it contains. You have also been asked to develop your presentation in the context of business and business law.
Directions
The resources provided in the course will support your work; no additional research is required. Create a PowerPoint presentation that specifically covers the detailed topic outline as follows:
Introduction: Provide an introduction to the law and its purposes, including why there is a need for business law.
Foundation: Briefly explain the foundation of the legal system in the United States, including the branches of the U.S. government and their relationship to each other.
SourcesDescribe three of the primary sources of U.S. law and provide one example of each primary source of law that is related to the business environment.
Name and briefly summarize the clause of the U.S. Constitution that grants the government the power to regulate business. Provide an example of government regulation of business.
Courts: Differentiate between federal and state courts, including an example of the type of business case that could be heard in each court.
Differences: Explain the difference between criminal law, civil law, and alternative dispute resolution.
Conclusions: Describe why every business owner and leader must have a basic understanding of the U.S. legal system.
What to Submit
To complete this project, you must submit a PowerPoint presentation that includes:
At least 8 and no more than 16 slides that contain images and/or text.Each slide should be accompanied by at least 1 and no more than 4 paragraphs of notes (presentation talking points) or recorded narration that is 1 to 3 minutes in length.
An APA formatted References slide.Sources should be cited according to APA style.
Supporting Materials
The following resource supports your work on the project:
Tutorials: PowerPoint Office 365 (2019)
These tutorials provide a basic introduction to using PowerPoint, which you may find helpful if you are unfamiliar with the software application.