Business Law Paper

PART A- Answer question with a minimum of 250 words and be substantiated by at least one reference properly APA formatted.

1. What are the elements of a valid legal contract?

2. Can a Contract be validly formed if all elements are not present?

3.What is the difference between an offer and an invitation to treat? Be sure to give examples to validate your position.

Please respond to the following questions based upon these course objectives:
1.
Explain the different legal systems in the Caribbean context;
2.
Explain the elements of Criminal Law;
3.
Explain the definition of different torts and the legal consequences that flow
from these civil wrongs; and
4.
Discuss the Components of Contract Law.
Please answer the following questions with supporting examples and full
explanations.
•
·
For each of the learning objectives, provide an analysis of how the course
supported each objective.
•
·
Explain how the material learned in this course, based upon the objectives, will
be applicable to professional application.
•
·
Provide evidence (citations and references) to support your statements and
opinions.
Your initial response should be a minimum of 250 words
and be substantiated by at least one reference properly APA
formatted.
The assessment has a total of 5 essay questions and is worth 20 points each.
Parameters: 1. Use Times New Roman 12-point, one-inch margins, and doubled
spaced. 2. Each response should be substantiated by at least one reference from the readings
or outside sources. Only scholarly and/or peer-reviewed sources should be used. Final
Assignment On February 10th 2018, David writes to Jordan offering to sell Jordan his car for
$55,000.00 stating that the offer will remain open for one week. On February 11th, he
changes his mind and at 10 am on that day he sends a fax to Jordan withdrawing the offer.
The fax is received in Jordan’s office immediately, but his secretary does not bring it to his
attention until 11:00 a.m. Meanwhile at 10:20 a.m. Jordan sends a letter to David accepting
the offer to sell him the vehicle and posts it in the mail. He thereafter at 10:30 am telephones
David and leaves a message on his answering machine “accepting your offer to sell me your
car”. David returns to his office at 11:30 a.m. and hears the message. David receives the letter
from Jordan a week later. He now wishes to know whether he is contractually bound to sell
Jordan.
Advise David on the following:
1. The elements that must be present for a Contract to be formed;
2. Whether these elements are present in the above situation;
3. At what time was David’s acceptance by letter effective in law;
4. What is the effect of David’s withdrawal of the offer by fax; and
5. Whether David is legally bound to sell the car to Jordan.
The assessment must be formatted as follows:
1. APA formatting
a. Times New Roman or Arial 12-point font
b. 1-inch margins
c. Page numbers in top right corner
d. Doubled spaced
2. Each section must follow the APA formatting guidelines for headings.
3. Must be at least 4 pages in length, not including the title and reference pages.
4. Must include a minimum of three scholarly and credible sources (not including the
text book).