Contract Law and Organizations Law

Question 1Jill used to be Jack’s lawyer. Jack and Jill had dinner and drinks together to celebrate Jack’s 17th birthday. Jill showed Jack pictures of her new car and asked him if he wanted to buy the car for $20,000.00. He agreed with one small change. Jack wanted the car professionally cleaned before delivery. Jill said yes but only if he paid her in cash. Jack said I’ll think about it and waited another two weeks to tell Jill. “o.k.” I will do your deal”. Jack has been very depressed. There is no formal contract just a note signed by Jack which says “20 for car”. A few days later Jack changes his mind and tells Jill he doesn’t want to by the car. Jill is upset because two days earlier she turned down an offer from Bob to buy the car for $25,000.00. What legal issues, rules of law or defences can you identify? How would you advise Jack? How would you advise Jill? Question 2 Li, Shu and Lin have an idea for a computer export business. They employ six (6), people. Li doesn’t draw a salary but works 50 hours a week for the business. Li tells Shu and Lin that she will prepare and file articles of organization and other corporate documents necessary to register their business name and incorporate in Massachusetts. Their business makes a profit of $8,000,000.00 in the first 12 months of operation. Shu is busy with other activities and spends no time working for the business. Lin wants to leave the business and cash out. Li who has been working 50 hours a week for the business says no to both of them — she wants to continue with the business venture and bring in a new owner Zhu. Li goes ahead and starts working with Zhu. A year later annual profits are up to $10,000,000.00 Shu and Lin hire a lawyer and sue Li. Shu’s lawyer discovers that Li has received but has not yet paid for a $100,000.00 computer delivery she has ordered and received without Shu or Lin’s knowledge. Li still has in her handbag but has never filed, any legal documents for the business. What form of business if any do they have together? What are Li’s rights? Shu’s rights? Lin’s rights? Zhu’s rights? What is each of their potential liabilities? What other legal issues and applicable cases, statutes or rules of law we have studied are applicable? Question 1 is a brief fact pattern which will allow you to demonstrate your understanding of and ability to apply the rules of contract law: formation, defence to formation, performance, breach and damages. Question 2 is a brief fact pattern which will allow you to demonstrate your understanding of and ability to apply the rules of business organizations law. Tips: Use correct legal terms. Define every legal term you use. Do not limit your answers to conclusions. Explain all of your answers using rules of law we have discussed and studied. Support all of your answers and conclusions with detailed explanations of the rules of law.

Struggling to find relevant content? Order a custom essay on
Contract Law and Organizations Law
Let our experts save you the hassle
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Get personalized services with GPA Fix
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Great work! I can tell they put great effort in completing this assignment. Thank you.
Customer 452707, October 14th, 2022
Customer 452813, July 5th, 2022
My paper was sent back after my due date time
Customer 452901, November 12th, 2022
Social Work and Human Services
Awesome, Work! Didn't have to add much to it. Thank You!
Customer 452587, September 7th, 2021
Database design and optimization
thanks for busting this out so expeditiously. I hope that I get a good grade.
Customer 452715, February 19th, 2022
Human Resources Management (HRM)
Thank you
Customer 452701, November 1st, 2022
I can work with it and massage it to what I need. Thank You
Customer 452827, July 19th, 2022
Social Work and Human Services
The paper is impressive. Very professional and per the instructions
Customer 452533, May 24th, 2021
Great job on the paper!!
Customer 452885, December 14th, 2022
Business and administrative studies
Customer 452813, June 20th, 2022
Mental Wellness
The skilled writer did a good job. I will add a few more details. Thank you, great job...
Customer 452547, June 17th, 2021
Perfectly done!
Customer 452707, July 18th, 2022
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
error: Content is protected !!

Save More. Score Better. Use coupon code SPECIAL for a 15%discount