Introduction to Contract Law. Day 1
Topic- The Law of Contracts
Objectives- 1) Students will be able to identify the elements of a Contract- Offer, Acceptance, and Consideration.
2) Students will understand when a contract is enforceable or voidable.
Materials- Text book, powerpoint, and internet.
1) Attend Teams meeting and lecture.
2) Review Powerpoint on Contracts (Sent via email)
3) In a word document, complete the following assignments:
a. Textbook Problems 23.1, 23.2
b. Write a contract! Create a brief 1/2- 1 page contract for the purchase and sale of an item. Make sure the contract has at least 6 clauses, spelling out the terms of the contract and providing for any possible scenarios or penalties that might arise. Search the internet for simple examples of contracts. Make sure the 3 necessary elements of the contract are present.
Submit- Submit your word document with the completed problems and your contract by the next class meeting.