Contract Law

Contract Law

Full Description

By creating rules about what constitutes contracts (basic contract law), society describes those agreements that help a society to conduct business. Specialized rules apply to sales and lease contracts. For this Basic Completion course, students have 24/7 access to on-line testing materials. Each chapter of text in a course has twenty questions, multiple choice, true-false or a combination thereof. Students may query the instructor up to three times, via e-mail, regarding course content. For the Advanced Completion course enrollment, students have unlimited access to the instructor via e-mail. TEXT: West`s Business Law (Text, Cases, Legal, Ethical and International Environment), by Kenneth W. Clarkson, Roger Leroy Miller, Gaylord A. Jentz and Frank B. Cross. Ninth Edition. West Educational Publishing Company, 2004. ISBN: 0-324-15282-5

Outcomes:

Upon completion of this course, students will . know what is necessary to create a valid legal contract; . understand how issues regarding any of the elements of a contract can render it voidable; . recognize when third parties receive rights out of such a contract; . see the effects of when a contract is completed, or breached; and . discover that different rules apply to sales and lease contracts so that business can move quickly and efficiently.

Assessment:

Students will complete open-book multiple choice exams on each chapter of material in the course (where the course consists of 15 chapters of material). Students may query the instructor up to three times, via e-mail, regarding course content.Completion of each chapter is based on achieving a score of 70% or more on tests provided.

Week 1 (Students using the 8th Edition need to go to the course site for reading assignments)

Nature and Terminology (Chapter 9); QUIZ
Agreement (Chapter 10); QUIZ
Consideration (Chapter 11); QUIZ Week 2 Capacity and Legality (Chapter 12); QUIZ
Genuineness of Assent (Chapter 13); QUIZ Week 3 The Statute of Frauds (Chapter 14); QUIZ
Third Party Rights (Chapter 15); QUIZ Week 4 Performance and Discharge (Chapter 16): QUIZ

Breach of Contract and Remedies (Chapter 17); QUIZ

E-Contracts (Chapter 18); Quiz
Week 5 The Formation of Sales and Lease Contracts (Chapter 19); QUIZ
Title, Risk, and Insurable Interest (Chapter 20): QUIZ Week 6 Performance of Sales and Lease Contracts (Chapter 21); Quiz
Remedies for Breach of Sales and Leases Contracts (Chapter 22); QUIZ
Sales and Lease Warranties (Chapter 23); QUIZ

Contact Hours: 24