Question
1.Consider promissory estoppel and quasi-contracts.Do you like the fact that these doctrines exist?Should courts have wiggle room to enforce deals that fail to meet formal
1.Consider promissory estoppel and quasi-contracts.Do you like the fact that these doctrines exist?Should courts have "wiggle room" to enforce deals that fail to meet formal contract requirements.Or, should the rule be, "If it's not an actual contract, too bad.No deal."Think about and discuss some of the ethical and public policy issues that arise from these doctrines.
2.The day after Thanksgiving, known as Black Friday, is the biggest shopping day of the year.Suppose a major retailer were to advertise a "Black Friday only" laptop for $150.Suppose, too, that on Thanksgiving night, hundreds of people waited for the store to open to take advantage of the laptop dealonly to learn that the store only had two units for sale at the discounted price.Did the retailer breach its contract with the hundreds of consumers who sought the deal?What obligation, if any, does the retailer have to its consumers?
3.OK, it's time for more introspection and "sharing."Have you ever made an agreement that mattered to you, only to have the other person refuse to follow through on the deal?Looking at the list of the seven elements discussed in the chapter that make a promise legally enforceable, did your agreement amount to a contract?If not, which element or elements did it lack?
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