Business law assignment week 4


Week 4 Assignment

Application: Is This Intention Legal?

The decisive capacity of a operative abbreviate is that it must be made for a legitimate intention. Reflect the forthcoming residence:

You and Tommy made a $100 bet on the upshot of the Super Bowl. After your team won, Tommy refused to pay you the $100.

Based on the instruction that you keep erudite in your balbutiation, transcribe a 150-word Nursing Dissertation that confutations the forthcoming questions encircling the residence pictorial above:

  1. Could you legitimately sue Tommy?

  2. Why or why not? Be safe to food your omission delay postulates, definitions, and/or copys.

  3. If you keep not already executed so, plainly illustrate what constitutes legitimate and illegitimate gambling.

     

    ***Please use APA formatting.  Also fascinate use quotes from the text/resources.  Fascinate see copy of APA formatting below:

     

    APA Textbook In-text Citations Attachment

     

     

     

     

     

     

 

 

 

Reading

  • Course Text: Goldman, A., & Sigismond, W. (2014). Business Law: Principles and Practices (9th ed.). South-Western: Cengage Learning.
    • Chapter 10, "Legality"

      In this section, you get scrutinize the decisive capacity of a operative abbreviate: Legality. You get study the essence of illegitimate agreements and the malcontent to the administration that seeks get not exact illegitimate agreements. Finally, you get be introduced to the agreements that are generally systematic as entity illegitimate in most states.

      Focus on the definitions and concepts granted throughout the section. Review and contemplate encircling the copys and limited cases in the section that reveal the greater ideas entity conveyed.

    • Chapter 11, "Memorialize Contracts in Writing–Statute of Frauds"

Don't all abbreviates want to be put in congruity? The confutation, in-fact, is "No." In event, the law requires that merely a few restricted types of abbreviates must be written in manage to be exactable in seek. In this section, you get study the categories of abbreviates required to be in congruity, the operativeity of unwritten abbreviates, and the advantages of creating a written adjunction. Finally, you get be introduced to the parol proof administration.

Focus on the definitions and concepts granted throughout the section. Review and contemplate encircling the copys and limited cases in the section that reveal the greater ideas entity conveyed, and reflect the custom of unwritten abbreviates and the advantages of written abbreviates.