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Please use the template. Thank you for your help! Drafting a Contract Assignment (PLEASE REFER TO THE LESSON VIDEO, SUGGESTED FORMAT/OUTLINE, TEMPLATES AND OTHER IMPORTANT

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Please use the template. Thank you for your help!

Drafting a Contract Assignment (PLEASE REFER TO THE LESSON VIDEO, SUGGESTED FORMAT/OUTLINE, TEMPLATES AND OTHER IMPORTANT INFORMATION TO COMPLETE THIS ASSIGNMENT IN THE "DRAFTING A CONTRACT" MODULE. ) DO NOT DOWNLOAD TEMPLATES FROM THE INTERNET. THEY DO NOT CONTAIN ESSENTIAL ELEMENTS/LANGUAGE FOR THIS ASSIGNMENT. After making a very wise investment in art several years ago, SEYMOUR SELLER has decided it is time to sell the famous painting, entitled "Villains" by artist Crabby Squid. The painting has an approximate fair market value of $30,000 and is an oil on canvas original. SEYMOUR places and ad on Craigslist which is answered by BUBBA BUYER. After inspecting the painting, BUBBA says he'll return at 6:00pm on May 1, 20XX with $27,500 "in cash." Assume you are SEYMOUR SELLER, draft a simple contract that you and BUBBA BUYER can execute. Use May 1, 20XX (insert appropriate year) Use your creativity, imagination, legal experience, business experience, common sense, and negotiating skills to draft a contract that binds the other party, best serves and protects you, but also is fair enough that the other party will likely agree to its terms, or at least most of them. Turn in your best non-lawyer attempt at drafting a written contract in proper word-processed format. Make sure to cover all the basic contract requirements and add whatever other provisions make sense to best serve your interests. Make reasonable assumptions for any additional information that you need that is not furnished. Neither buyer nor seller is a merchant - they are private parties. The contract is to be very simple, yet enforceable by any court in California. The Agreement should contain all necessary and at least 2 appropriate standard "boiler plate" contractual provisions. You may make up and add such additional facts and terms that you deem appropriate. EXAMPLE/SAMPLE CONTRACT TEMPLATE (As a reminder: be sure to remove ALL template references, ie. brackets, XX, etc. and insert appropriate terms. For example, 20XX is template language; use the appropriate year.) TITLE (Be descriptive as discussed in the Video Lesson) INTRODUCTORY PARAGRAPH (Refer to Video Lesson) RECITALS/REPRESENTATIONS (See Contract Template for samples.) LEAD-IN PARAGRAPH (Refer to Video Lesson) 1. Description of Goods (i.e. identify the goods in detail, refer to a list/attachment if there are many goods/items, may use (hereinafter referred to as "__") for later reference in the contract. Be consistent during the rest of the contract language if choosing to use the particular reference. 2. Terms of Delivery (i.e. describe how the goods will be delivered, where, when) 3. Payment (i.e. what is the method of payment, when to be made, penalties) 4. (Continue with relevant and applicable clauses to THIS contract. Use headings.) IF APPLICABLE: i.e. Inspection? Taxes? Notices? Modifications? Risk of Loss? Warranties? 5. (Continue with applicable boilerplate provisions. Be sure to adjust numbering.) i.e. 5. Applicable Law/Jurisdiction 6. Force Majeure 7. Integrated Contract CLOSING LANGUAGE (i.e. In witness thereof.......) See Video Lesson and Contract Template. AGREED AND ACCEPTED. SIGNATURE BLOCKS (include names, dates, position (if applicable.) CONTRACT RUBRIC (PROFESSOR'S CHECKLIST) Title: (Descriptive, as instructed in the lesson videos?) Introductory Paragraph (Does it include type of contract, date, parties, labels, as instructed in the lesson videos?) Recitals (Do they include language of intent, if it is not already in the Introductory Paragraph? If necessary, any additional labels or recitals?) Lead-in Language (Does the contract have the appropriate wording/language as instructed in the lesson videos?) Contractual Provisions: (Are they presented in separately numbered paragraphs with appropriate headings? Are they sequentially numbered and consistent throughout the contract? Are they presented similar to the Suggested Outline?) Essential Terms: (Does the contract have all the essential provisions for this contract? Does the contract have other relevant provisions for this sale?) Boilerplate Provisions: (Does the contract have at least two boilerplate provisions with appropriate detailed language, per the boilerplate provision handout or sample language file?) Closing Language: (Does the contract have the appropriate closing language, as instructed in the lesson videos, suggested outline, sample contract etc.) Signature Blocks: (Does the contract have the appropriate signature blocks, as instructed in the lesson videos, ie. date, printed name, signature line and party's capacity?) Other: Proper spelling \& grammar Format (consistent font, labels, headings, upper/lower case, etc.) Template language removed (XX, brackets, etc.) Drafting a Contract Assignment (PLEASE REFER TO THE LESSON VIDEO, SUGGESTED FORMAT/OUTLINE, TEMPLATES AND OTHER IMPORTANT INFORMATION TO COMPLETE THIS ASSIGNMENT IN THE "DRAFTING A CONTRACT" MODULE. ) DO NOT DOWNLOAD TEMPLATES FROM THE INTERNET. THEY DO NOT CONTAIN ESSENTIAL ELEMENTS/LANGUAGE FOR THIS ASSIGNMENT. After making a very wise investment in art several years ago, SEYMOUR SELLER has decided it is time to sell the famous painting, entitled "Villains" by artist Crabby Squid. The painting has an approximate fair market value of $30,000 and is an oil on canvas original. SEYMOUR places and ad on Craigslist which is answered by BUBBA BUYER. After inspecting the painting, BUBBA says he'll return at 6:00pm on May 1, 20XX with $27,500 "in cash." Assume you are SEYMOUR SELLER, draft a simple contract that you and BUBBA BUYER can execute. Use May 1, 20XX (insert appropriate year) Use your creativity, imagination, legal experience, business experience, common sense, and negotiating skills to draft a contract that binds the other party, best serves and protects you, but also is fair enough that the other party will likely agree to its terms, or at least most of them. Turn in your best non-lawyer attempt at drafting a written contract in proper word-processed format. Make sure to cover all the basic contract requirements and add whatever other provisions make sense to best serve your interests. Make reasonable assumptions for any additional information that you need that is not furnished. Neither buyer nor seller is a merchant - they are private parties. The contract is to be very simple, yet enforceable by any court in California. The Agreement should contain all necessary and at least 2 appropriate standard "boiler plate" contractual provisions. You may make up and add such additional facts and terms that you deem appropriate. EXAMPLE/SAMPLE CONTRACT TEMPLATE (As a reminder: be sure to remove ALL template references, ie. brackets, XX, etc. and insert appropriate terms. For example, 20XX is template language; use the appropriate year.) TITLE (Be descriptive as discussed in the Video Lesson) INTRODUCTORY PARAGRAPH (Refer to Video Lesson) RECITALS/REPRESENTATIONS (See Contract Template for samples.) LEAD-IN PARAGRAPH (Refer to Video Lesson) 1. Description of Goods (i.e. identify the goods in detail, refer to a list/attachment if there are many goods/items, may use (hereinafter referred to as "__") for later reference in the contract. Be consistent during the rest of the contract language if choosing to use the particular reference. 2. Terms of Delivery (i.e. describe how the goods will be delivered, where, when) 3. Payment (i.e. what is the method of payment, when to be made, penalties) 4. (Continue with relevant and applicable clauses to THIS contract. Use headings.) IF APPLICABLE: i.e. Inspection? Taxes? Notices? Modifications? Risk of Loss? Warranties? 5. (Continue with applicable boilerplate provisions. Be sure to adjust numbering.) i.e. 5. Applicable Law/Jurisdiction 6. Force Majeure 7. Integrated Contract CLOSING LANGUAGE (i.e. In witness thereof.......) See Video Lesson and Contract Template. AGREED AND ACCEPTED. SIGNATURE BLOCKS (include names, dates, position (if applicable.) CONTRACT RUBRIC (PROFESSOR'S CHECKLIST) Title: (Descriptive, as instructed in the lesson videos?) Introductory Paragraph (Does it include type of contract, date, parties, labels, as instructed in the lesson videos?) Recitals (Do they include language of intent, if it is not already in the Introductory Paragraph? If necessary, any additional labels or recitals?) Lead-in Language (Does the contract have the appropriate wording/language as instructed in the lesson videos?) Contractual Provisions: (Are they presented in separately numbered paragraphs with appropriate headings? Are they sequentially numbered and consistent throughout the contract? Are they presented similar to the Suggested Outline?) Essential Terms: (Does the contract have all the essential provisions for this contract? Does the contract have other relevant provisions for this sale?) Boilerplate Provisions: (Does the contract have at least two boilerplate provisions with appropriate detailed language, per the boilerplate provision handout or sample language file?) Closing Language: (Does the contract have the appropriate closing language, as instructed in the lesson videos, suggested outline, sample contract etc.) Signature Blocks: (Does the contract have the appropriate signature blocks, as instructed in the lesson videos, ie. date, printed name, signature line and party's capacity?) Other: Proper spelling \& grammar Format (consistent font, labels, headings, upper/lower case, etc.) Template language removed (XX, brackets, etc.)

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