SESSION:8 Sales Contracts
Assessment Questions
Session:8 Sales Contracts Contract Law Assessment Questions Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. What is a sales contract? 2. All of the following are features of sales contracts except: Consensual. Bilateral. Cumulative. Principal. […]
SESSION:8 Sales Contracts
8.2 Warranties and Sales Contracts
Session:8 Sales Contracts Contract Law 8.2 Warranties and Sales Contracts Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials Figure 8.3 The law provides remedies for breach of sales contracts. (Credit: rawpixel/ pexels/ License: CC0) Warranties A warranty is a guarantee […]
SESSION:8 Sales Contracts
8.1 The Nature and Origins of Sales Contracts
Session:8 Sales Contracts Contract Law 8.1 The Nature and Origins of Sales Contracts Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials Features of Sales Contracts Commercial enterprises that engage in buying and selling practices need to […]
SESSION:7 Contract Law
Endnotes
Session:7 Contract Law Endnotes Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials Promissory Estoppel: Requirements and Limitations of the Doctrine. University of Pennsylvania Law School. Retrieved from: https://scholarship.law.upenn.edu/cgi/viewcontent.cgi?article=9407&context=penn_law_review. Promissory Estoppel as a Substitute for Consideration. LawShelf Educational […]
SESSION:7 Contract Law
Assessment Questions
Session:7 Contract Law Assessment Questions Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. What is the definition of a contract? 2. The elements of a contract include all but the following element: Offer and acceptance. […]
SESSION:7 Contract Law
7.3 Breach of Contract and Remedies
Session:7 Contract Law 7.3 Breach of Contract and Remedies Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials Once a contract is legally formed, both parties are generally expected to perform according to the terms of the […]
SESSION:7 Contract Law
7.2 Capacity and Legality
Session:7 Contract Law 7.2 Capacity and Legality Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials For a contract to be legally binding, the parties entering into the contract must have the capacity to do so. As a legal […]
SESSION:7 Contract Law
7.1 Agreement, Consideration, and Promissory Estoppel
Session:7 Contract Law 7.1 Agreement, Consideration, and Promissory Estoppel Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials A contract is defined as an agreement between two or more parties that is enforceable by law. To be […]
SESSION:6 The Tort System
Endnotes
Session:6 The Tort System Endnotes Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials Baime. E. (2018). Fundamentals of tort law. Retrieved from: https://nationalparalegal.edu/FundamentalsTortLaw.aspx. Cornell Law School. (n.d.). Tort. Retrieved from: https://www.law.cornell.edu/wex/tort. Kionka, E. J. (2013). Torts […]
SESSION:6 The Tort System
Assessment Questions
Session:6 The Tort System Assessment Questions Business Law I Essentials | Leadership Development – Micro-Learning Session Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials 1. Define Torts. 2. An example of an intentional tort is: Defamation. Assault. Malicious prosecution. All of the above. 3. When an […]