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 Business Rules Midterm Dissertation

Business Law Midterm

02.09.2019views: 265

Midterm Responses

Question one particular:

The issue here is whether Brian Logan was required to spend the $20 fee pertaining to the workshop to cover the price tag on the guide to Expert Investments Corp (EIC). Was an agreement ever made between the two parties (Brian and EIC)? A contract requires 1) an agreement, 2) consideration, 3) legitimacy, and 4) capacity. A is made when there is an offer with the intent to be sure by the present, reasonably certain terms, and communication of offer to offeree by offeror. The offer could be terminated possibly by revocation, rejection, expiration, or operation of regulation.

Brian may argue that there was clearly no arrangement to begin with, and thus there was not any contract. There was no offer made (the advertisement inside the LA Moments for the seminar has not been an offer but the " request to negotiation”), and reasonably definite terms weren't communicated to Brian just before or through the seminar. The ad did not specify a fee for attendance, and since it had been not made clear to Brian that the $20 fee was for going to the workshop or intended for the book, Brian should have to pay the fee.

EIC can argue that an agreement need not end up being written to be able to exist. EIC made a verbal give when the consultant announced the $20 charge. The conditions were certain: $20 workshop fee to pay the cost of the handbook, which was communicated between EIC and the attendees (including Brian). If Brian wanted to end the offer, he could've simply declined the give by going back the guide. EIC can also argue that this is a quasi-contract, in which the EIC conferred some type of benefit for the attendees (a seminar to teach attendees in purchasing real estate), the attendees should have known that were there to pay for that (surely a great ad within the newspaper to get such a helpful seminar could not end up being free), and it would be injustice to not pay for it (no additional real estate company would present its time and resources for free). The valuable handbook supplied helpful particulars for...

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