a law question with law 531 Content 70 Percent Met Partially Met Not Met Comments: To enforce a contract, the following four requirements must be met: offer, acceptance, consideration, and a lawful object. Determine if each requirement has or has not been met and explain your answer:
• Requirement one: offer To enforce a contract, the following four requirements must be met: offer, acceptance, consideration, and a lawful object. Determine if each requirement has or has not been met and explain your answer:
• Requirement two: acceptance To enforce a contract, the following four requirements must be met: offer, acceptance, consideration, and a lawful object. Determine if each requirement has or has not been met and explain your answer:
• Requirement three: consideration To enforce a contract, the following four requirements must be met: offer, acceptance, consideration, and a lawful object. Determine if each requirement has or has not been met and explain your answer:
• Requirement four: a lawful object Do the parties have a contract at this point? Why or why not? Does UCC Article 2 (Sales), Section 201 apply in this situation? Why or why not? Consider the following two choices. What choice would you make if you were Bob? • Ask Mike to sign a written contract. • Move forward, because each side mutually understands the terms. Are you satisfied with the contract as written? (Note. Depending on the answer, the document submitted may or may not contain a portion of the revised contract.) Did Bob’s suggestion constitute a counteroffer? Or was it simply an offer to modify an existing contract? Can Bob enforce the original terms? Why or why not? Total Available Total Earned XX X/X Writing Guidelines 30 Percent Met Partially Met Not Met Comments: The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Total Available Total Earned XX X/X Assignment Total # XX X/X Additional comments:
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