Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

providing a brief description of three contracts that you have entered into. Remember that everyday you are entering into contracts, everyday you are paying for

providing a brief description of three contracts that you have entered into. Remember that everyday you are entering into contracts, everyday you are paying for services, as well as consuming services. When you describe your contract, you can if you wish change the name of the company, but make sure that your company has a "last name". For example, XYZ, Corp., or XYZ P.A., or XYZ LLC, or XYZ, LLP, or or XYZ, INC., etc... When you are preparing your assignments in this class, I will always be looking to see if you are making sure to include what I call the "last name" or your business entity. The "last name" description is not only the complete legal name of the business entity, but that "last name" will tell the reader how the business is structured. Try in your scavenger hunt to find contracts with business entities other than just Corporations (Inc., and Co. and Corp -- the most common known type of business entity) . Make sure to include the offer, the acceptance and the consideration. You should have a brief description for each contract contract description that you write about, for example:

The offeror Center at Stirling, Inc., offered Fabrikant & Associations, PLLC office space for $ 6,000 a month for a three year contract, with at $12,000 security deposit. Fabrikant & Associates, the offeree, accepted the offer, and provided a $12,000 deposit as consideration to establish the formation of a contract. The offeree executed the three year lease, moved in, and has continued to pay its due rent under the contract.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Database Systems Design Implementation and Management

Authors: Carlos Coronel, Steven Morris

11th edition

9781305323230, 1285196147, 1305323238, 978-1285196145

More Books

Students also viewed these Law questions

Question

What is the purpose of the application form?

Answered: 1 week ago

Question

What is the general purpose of preliminary screening?

Answered: 1 week ago