CONCEPT REVIEW:   Before beginning the interactive,  review LO1 on page 174. Recall that a legally binding contract requires  four elements: offer, acceptance, capacity, and legal object.       Case:   Read the case below and discuss the question .        

Mr. Barnard is a landlord who has a house to rent. A college student,  Julie, saw the sign in the front yard and is interested in renting the  house. Mr. Barnard tells her the house is for rent for a total of 12  months, and that rent will be $899 in cash each month plus utilities.  After touring a couple of houses in the neighborhood, Julie decides to  rent Mr. Barnard’s house and comply with his terms.

Discuss the elements of the contract and identify the issue and applicable rule of law.

The Definition of a Contract

LO 9-1  

This part of the text focuses on contracts. A contract,  according to the Restatement (Second) of Contracts, is “a promise or  set of promises for the breach of which the law gives a remedy or the  performance of which the law in some way recognizes a duty.”1 Another, perhaps simpler, way to think of a contract is that it is a set of legally enforceable promises.

ELEMENTS OF A CONTRACT

A contract has four elements: the agreement, the consideration, contractual capacity, and a legal object. The agreement consists of an offer by one party, called the offeror, to enter into a contract, and an acceptance of the terms of the offer by the other party, called the offeree. The agreement is discussed in more detail in the latter part of this chapter.

The second element of a contract is the consideration,  which is defined as the bargained-for exchange. Another way to think of  the consideration is that it is what each party gets in exchange for  his or her promise under the contract. Consideration is further  discussed in Chapter 10.

The third element is contractual capacity,  the legal ability to enter into a binding agreement. Most adults over  the age of majority have the legal ability to enter into binding  contracts, but Chapter 10  explains when people have either limited or no capacity to enter into  these agreements. Persons who do not have the capacity to enter into  legally binding contracts include those who are under the age of  majority, intoxicated, or suffering from mental illness. Chapter 10 also discusses the fourth element of a binding, legal contract, legal object. The contract cannot be either illegal or against public policy.

The elements of a contract, as well as defenses to its enforcement, are listed in Exhibit 9-1.

Exhibit 9-1 A Valid Contract Has Four Elements, and No Defenses Can Be Raised against It     

ELEMENTS OF A CONTRACT

DEFENSES TO A CONTRACT

Agreement

Lack of genuine assent

Consideration

Lack of proper form

Legal purpose

Capacity

DEFENSES TO THE ENFORCEMENT OF A CONTRACT

Sometimes  the parties may enter into what appears to be a legally binding and  enforceable contract because all four elements of a contract are  present, but one of the parties may have a defense to the contract’s  enforcement. Such defenses fall into two categories. The first,  discussed in Chapter 12, is a lack of genuine assent.  A contract is supposed to be entered into freely by both parties, but  sometimes the offeror secures the acceptance of the agreement through  improper means, such as fraud, duress, undue influence, or  misrepresentation. In these situations, there really is no genuine  assent to the contract, and the offeree may be able to raise the lack of  genuine assent as a defense to enforcement of the agreement.

 

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 Employment Law in Security

Write a 700- to 1,050-word paper that describes employment law as it relates to the security field. Include the following in your paper:

  • Elements of employment law that affect recruitment and selection.
  • Differences between legal and ethical considerations in hiring practices.
  • Explain the ramifications of accurate or inaccurate employment decisions.
    Elements of employment law that affect recruitment and selection.
    Differences between legal and ethical considerations in hiring practices.
    Explain the ramifications of accurate or inaccurate employment decisions.
    Elements of employment law that affect recruitment and selection.
    Differences between legal and ethical considerations in hiring practices.
    Explain the ramifications of accurate or inaccurate employment decisions.

Format your paper in accordance with APA guidelines.

 

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Tobacco Use In Our Community

Navigate to the CDC Website (Centers for Disease Control and Prevention).

Note. This assignment will require you to locate a document from the CDC.

In the search bar, type Best Practices for Comprehensive Tobacco

Control Programs.

Create a 350- to 700-word summary of the key points from the introduction, state, and community interventions, paying close attention to the key domains, 1-4. This document is quite long, but you will find it is comprehensive. Focus attention on what is needed to complete the work.

Click the Assignment Files tab to submit your assignment.Navigate to the CDC Website (Centers for Disease Control and Prevention).

Note. This assignment will require you to locate a document from the CDC.

In the search bar, type Best Practices for Comprehensive Tobacco

Control Programs.

Create a 350- to 700-word summary of the key points from the introduction, state, and community interventions, paying close attention to the key domains, 1-4. This document is quite long, but you will find it is comprehensive. Focus attention on what is needed to complete the work.

Click the Assignment Files tab to submit your assignment.

 

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C06S : Business Ethics

Which is NOT a requirement for a facility to be considered a sweatshop?

Unmitigated health and safety hazards

High temperatures

Poor working conditions

Unfair wages

How have most businesses adapted to information technology developments?

They have become larger and more unwieldy.

They have become more hierarchical.

They have become flatter, smaller, and more nimble.

They have become more profitable.

UNOCAL worked with the Burmese army to push the pipeline using:

low-wage workers.

forced labor.

unethical land reclamation schemes.

None of the above

What is the “hardwired” Intention Principle?

Harming by action is worse than harming by omission.

Harming by omission is worse than harming by ignorance.

Harming by physical contact is worse than without physical contact.

Harming anyone for any reason is wrong.

During the financial crisis in 2008, George W. Bush asked U.S. Congress to pass legislation to create a Troubled Asset Relief Program (TARP) in the amount of:

$1 trillion.

$90 billion.

$80 billion.

$700 billion.

China and Singapore are examples of what type of economies?

Ones that favor free markets and globalization

Ones that favor individual property rights

Ones that favor government intervention

Ones that favor competition

Which of the following would negatively impact the effectiveness of market theory consumer protection?

Low prices

Monopolies

High prices

Many competitors

Which is the best description of intentional discrimination?

The conscious and deliberate discriminatory act on an individual

The discrimination brought about by the unconscious biases of an individual

The acts of discrimination made by the few heads of an organization

The discrimination that results from the routines and processes of large groups

Which of the following is NOT a key consideration for an employer when impinging on an employee’s privacy?

Relevance

Consent

Methods

Utility

Which of these is NOT a view on the duty of a business to its customers?

Duty of care view

Social costs view

Contract view

Normative view

 

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