CC Contracts Rules Everything around Me Paper Discussion

Discussion: Contracts Rule Everything Around MeContracts Rules Everything Around Me
Contracts move every aspect of commerce; big and small; down to every transaction in which you
participate; down to the home you buy; the products you buy on Amazon; to the food you buy at the
grocery store.
What questions do you have regarding the necessary elements required to form a legally binding
contract; or in what circumstances is a contract legally formed or not?
• (15) points will be awarded for a thoughtful question in this discussion thread that proposes a
question of law for the class to answer whether a contract was legally formed or not? You must also
provide a sufficient set of facts in which to apply the question of law. This can even be from a simple
personal experience such as when you select an apple in the grocery store: are you offering to purchase
the apple or accepting the advertised offer to purchase the apple? (more facts would be needed here to
make this a thoughtfully proposed question but hopefully you get the idea).
• (25) points will be awarded for a correct, thoughtful response to a question. In your response you
must provide a source for the law or laws that support your conclusion (which will be a citation to the
textbook). If your response does not have a source of law, then it is merely opinion. Law is formed by
caselaw, statutes and regulations; both state and federal; also to a lesser degree by city ordinances.
Your textbook summarizes the law to the degree necessary for this course. Please also provide the
necessary elements to form a legally binding contract in your answer. Expound in depth where
necessary to support your conclusion. It is encouraged to have more than one answer to a question as
the first responders are not always correct or awarded full points for having a meaningful response.
• We will moderate the discussion if the responses are going in an unproductive direction but I’m
guessing that with the high number of students in this class, that the correct and best answer will get
refined over time (or not – the best could be the first?) I am hoping that this exercise can 1) help you
understand all the various ways we are affected by contracts and 2) expound on the knowledge you
have already learned on the subject matter.