1.For this question, you will draft an offer and analyze the law governing the resulting contract:

a. Draft an offer for the sale of 200 ceiling fans. Ensure that the offer includes price, condition and delivery information.

b. Identify if the offer for the sale of 200 ceiling fans (drafted in question 1a) would result in a UCC or common law contract.

2. Draft an original offer and acceptance that demonstrates the Mirror Image Rule.

3. D offers to buy 100 cases of 2x8 plywood boards from K for $5 per case to be delivered on March 3. K accepts, but explains that the delivery will have to take place after 3pm on March 3 because the warehouse will not be open earlier in the day.

a. Decide if this is a UCC or common law contract.

b. Explain whether or not the acceptance is valid in this example. Provide support for your answer in one (1) paragraph.

4. In one paragraph, explain the rules concerning the modification of contracts. Explain when a contract can be modified, why this may occur and how it will impact the parties.

5. Select one case or feature (article, highlighted legal matter) from the chapters on contract law. Provide a one (1) paragraph summary of the case or feature with the key legal terms identified in bold font.

6.1) Choose only one (1) negotiation from a Shark Tank episode. Include the link to this as your response for #1.2) Provide three (3) paragraphs summarizing the negotiations. Be certain to include:a. The intial offerb. Any counter offers from the investors (sharks) or the business ower. Remember, in contract negotiations there can be many counter offers.c. The outcome: Did the parties reach an agreement? If so what are the terms of this business deal? If not, explain why the parties failed to come to an agreement.

Watch Shark Tank TV Show - ABC.com

If you have never watched this show, here is a bit of information on it. Shark Tank allows business owners to meet with a group of potential investors, known as "Sharks." The business owners wil pitch their business proposal by explaining their initial offer and details about the business. While the show only includes 10-15 minutes for each pitch and negotiation, these are real contract negotiations. Therefore, we get a glimpse into how contracts are formed.