Business Law Consulting

For each scenario, answer the questions. Make sure to support each answer with at least one reference to the required background materials.

Suppose you are down at the marina cleaning your pleasure cruising boat. The captain of the boat next door has a friend on board who can’t stop complimenting your boat. The captain’s friend offers to pay you $75,000 for your boat if he can take possession this week. You’ve had the boat for a while, and you yourself bought it used. Recently when you were considering an upgrade, a dealer offered you $50,000 in trade-in value on your boat. You decide to accept the next-door captain’s friend’s $75,000 offer. The two of you go down to his lawyer’s office and the two of you sign a contract agreeing that you will hand over your boat and the captain’s friend will wire $75,000 to your bank account within one business day. As the two of you agreed in the contract, the next day you move the boat into the designated slip (parking place) and you hand over the keys to the harbor master to be picked up by the new owner. However, a week goes by and you still do not have your money. You learn that the harbor master still has the keys. You try to track the buyer down, but you find out from the next-door captain that he, the captain, was surprised to learn his friend is currently in a rehab facility for serious drug addiction and mental exhaustion. Given that you have a written contract, do you think you would be able to enforce the contract and would be able to get the $75,000 in this situation?
Suppose you are a chicken farmer and you sign an agreement with a local chicken rotisserie restaurant owner to sell a large quantity of organic chickens to him every month. The written contract states that you will sell him “good quality” organic chickens. However, when you send the first shipment, the grocer comes back and says they are not high quality enough and he will not pay you. You reply that your chickens meet United States Department of Agriculture (USDA) guidelines for being “Grade A” which is the highest grade you can receive, and that they are certified to meet USDA organic standards. The restaurateur claims your chickens are not of the quality he had in mind, the contract does not say anything about the USDA, and his willingness to pay depends only on his own ideas about what is good quality. What do you think should have been added to the contract to avoid this kind of dispute? Will you be able to get paid for your chickens if you file a lawsuit seeking to force the restaurateur to pay?
You enjoy going to the horse-racing track on Sundays and have been doing so for the past 10 years. You’ve gotten to know some of the other regulars there. One Sunday you are complaining to a friend there that you’d like to place a bet on a specific horse to win, but the track is offering such low odds. Your friend laughs at your choice and offers to take a $100 bet himself and give you much better odds. You ask him to repeat his offer and you record a video on your cell phone of him making the offer. You also record your acceptance. Your horse wins. You think your friend owes you $500, but he doesn’t pay you the following Sunday or even mention the bet or race. If you file a lawsuit, will you be able to get the court to enforce your wager and make your friend pay you?
You own a plant nursery and landscaping business. You have always hated business paperwork and do not like written contracts, so you usually use oral agreements. One agreement you have is to sell someone a large palm tree for $850. Another agreement is to provide two years’ worth of monthly lawn mowing at a customer’s home in exchange for an immediate payment of $1,800. Finally, you have an oral agreement to sell an exotic houseplant to one of your customers for $400 to be delivered by the end of this month, delivery included. Which of these oral contracts (if any) will be enforceable in court, and which ones (if any) will not be enforceable? Explain your reasoning.
You own a small computer consulting business and have a close friend who runs a pawn shop. He wants to use your services for what is a $10,000 project. However, your friend is adamant about not signing a contract, and says, “We are friends! No need to get lawyers involved; we trust each other.” Being familiar with contract law, you know that since you are providing a service, rather than selling physical goods, an oral contract will be valid for amounts over $500. However, you know that your friend gets busy at work and might forget the exact terms of your oral agreement. What step or steps might you take to protect yourself from a future disagreement without a formal written contract? For more information on Business Law Consulting check out : https://www.encyclopedia.com/social-sciences-and-law/economics-business-and-labor/businesses-and-occupations/business-consulting

Don't use plagiarized sources. Get Your Custom Essay on
Business Law Consulting
From as low as $9/Page
Order Essay

Order Now Image

The Homework Writings
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

Thehomeworkwritings.com’s team of writers write all papers from scratch. We deliver 100% original, unique papers. That’s what makes us the best custom homework writing service

Free Revisions

We provide unlimited free revisions to all customers and on all papers. Try The Homework Writings today for the best custom homework writing service and experience in the industry.

Title-page

Thehomeworkwritings.com gives clients title pages free of charge. Your only job is to fill out our order form. We will handle the rest.

Bibliography

As the leading essay writing service, we never submit any paper without a reference/bibliography page. We do this free of charge too.

Originality & Security

At Thehomeworkwritings.com, we take great pride in delivering only high-quality 100% original papers to all our clients. We also never share any of our clients’ information with third parties. Your data is safe with us.

24/7 Customer Support

No other custom homework writing service has a friendly, always available customer support team to respond to clients like us.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Why outsource our services

We have the best customer support team for your essay writing needs.

Pricing

Flexible Pricing

You won’t find any other custom homework writing service with pricing as flexible and affordable as ours.

Communication

Admission help & Client-Writer Contact

We provide a direct line of communication with our writers for the best writing experience.

Deadlines

Paper Submission

As the leading custom homework writing service, we take deadlines very seriously. You will have your paper submitted on time without any delays.

Reviews

Customer Feedback

We truly value your feedback, good or bad, and always use your feedback to help us provide you with an even better custom homework writing service