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Product Features

In: Business and Management

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Week Three Student Guide

You explore the aspects of business contracts and these aspects’ application to business management. Discussion focuses on Internet contracts and international transactions. You conduct a simulation to evaluate contract performance requirements and solutions for if the contract is not upheld

Contract Risk and Opportunities

OBJECTIVE: Analyze legal issues arising from contract formation, performance, and remedies.

Resources: Ch. 9–11, 16, 18, & 20 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International Issues

Content

• Ch. 9: Nature of Traditional and E-Contracts

o Introduction to Nature of Traditional and E-Contracts o Definition of a Contract o Sources of Contract Law o Objective Theory of Contracts o E-Commerce o Classifications of Contracts o Equity

• Ch. 10: Agreement

o Introduction to Agreement o Agreement o Offer o Special Offers o Termination of an Offer by Act of the Parties o Termination of an Offer by Operation of Law o Acceptance

• Ch. 11: Consideration and Promissory Estoppel

o Introduction to Consideration and Promissory Estoppel o Gift Promise o Contracts Lacking Consideration o Settlement of Claims o Equity: Promissory Estoppel

• Ch. 16: Remedies for Breach of Traditional and E-Contracts

o Introduction to Remedies for Breach of Traditional and E-Contracts o Performance and Breach o Monetary Damages o Recission and Restitution o Equitable Remedies o Torts Associated with Contracts

• Ch. 18: Formation of Sales and Lease Contracts

o Introduction to Formation of Sales and Lease Contracts o Uniform Commercial Code (UCC) o Article 2 (Sales) o Article 2A (Leases) o Formation of Sales and...

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