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    "question_id": "2875472",
    "url": "\/study-help\/questions\/question-15-points-elements-of-contract-esposito-hired-excel-construction-2875472",
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    "meta_title": "[Solved] Question 1(5 points) Elements of Contract | SolutionInn",
    "meta_description": "Answer of - Question 1(5 points) Elements of Contract: Esposito hired Excel Construction Company to repair a porch roof for $625 w | SolutionInn",
    "meta_keywords": "question,1,5,points,elements,contract,esposito,hired,excel,construction,company,repair",
    "question_title_h1": "Question 1(5 points) Elements of Contract: Esposito hired Excel Construction Company to repair a porch roof for $625 while she was out of town on",
    "question_title": "Question 1(5 points) Elements of Contract: Esposito hired Excel Construction Company to",
    "question_title_for_js_snippet": "Question 1(5 points) Elements of Contract  Esposito hired Excel Construction Company to repair a porch roof for $625 while she was out of town on vacation  All terms of the agreement were specified in a written contract, but the agreement failed to specify whether it was the front or rear porch that needed repair  When Esposito returned, she discovered that Excel had repaired the rear porch roof  She refused to pay, claiming that she wanted the front porch roof repaired  Were all essential elements of a contract present, and will Esposito be required to pay for the work that was done  What is the principle of Law  What is your decision for this case  Question 2(4 points) Consideration  William Storey Sr  promised his nephew, William Storey II, that he would pay him $5,000 if his nephew avoided drinking, using tobacco, swearing, and playing cards and billiards for money until he became 21 years old  The nephew agreed to the offer and kept his part of the bargain  At the age of 21, he wrote to his uncle and asked for the $5,000  The uncle acknowledged the promise, praised his nephew for keeping his part of the bargain, but did not pay the money at that time  A short time later, the uncle died  The executor of his estate refused to pay the nephew, claiming that the contract was invalid due to the lack of consideration  WasPage 118the nephew's promise to avoid drinking, using tobacco, swearing, and playing cards and billiards for money until he became 21 legal consideration    Hamer v  Sidway , 27 N E  256 (New York)  What is the principle of law  What is the final decision for this case  Question 3(4 points) Proper Form  Hodge, a 54 year old employee of a bank, discussed his job and future with Tilley, president of Evans Financial Corporation and his employer  They agreed orally on a number of matters, including job title and location  After eight months on the new job, Tilley became dissatisfied with Hodge's work and discharged him  Hodge immediately sued, claiming that the oral agreement provided for employment until he retired at age 65  Does the length of time needed to fulfill the contract have a bearing on the enforceability of the contract    Hodge v  Evans Financial Corp  , 778 F 2d 794 (District of Columbia)  What is the principle of law  What is the final decision in this case  Question 4(5 points) Divisible or Entire ContractGrogan, a marketing consultant, was hired by Kreger Bottling Company to conduct market research into the taste preferences of consumers in a major city  Before he concluded the project, he was asked to take on the additional task of analyzing the appeal of various shapes of bottles that Kreger was considering for a new line of soft drinks  When the taste test was finished, but before the second project was completed, Grogan submitted his bill for the taste test  Kreger refused to pay until the bottle test was completed  Does Grogan have a basis for demanding payment for the portion of the work done  What is the principle of law  What is the final decision  Question 5(2 points) Status of Contract  Knoll and Kalichuk signed an agreement for the sale of Knoll's sailboat  The agreement was complete in all respects, including the provision of time and place of delivery, sale price, and accessories included  On the date agreed for the exchange of payment and delivery of the boat, Knoll informed Kalichuk that he had changed his mind and decided not to sell Provide two answers (one from option a, one from option b)  a Executed, Executory, Neither b Valid, Voidable, Void Question 6(2 points) Status of Contract  Arslantian, a suburban homeowner who was involved in a major landscaping project, offered to pay Manley, a county employee, 50 percent of the market price for certain shrubbery belonging to the county parks commission if Manley would deliver it to a meeting place in a shopping mall Provide two answers (one from option a, one from option b)  a Executed, Executory, Neither b Valid, Voidable, Void Question 7(7 points) Elements of Contract  Fiscus, age 23, entered into an oral contract with Badger, a 30 year old bricklayer, for the construction of a backyard barbecue for a fee of $300  The work was completed in two weeks, as agreed Provide an answer for each question  a Is there an offer and an acceptance  b Is this a valid contract  c Are the parties competent  d Name the parties  e Is the purpose of the contract legal  f What is the purpose  g Is there consideration present  h What is the consideration  i Is there mutual agreement  j Explain the purpose of the contract  Question 8(15 points) Instruction Match each of the numbered definitions with the correct term in the following list  Question 1 options  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A person who is of legal age and normal mentality  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A requirement for contracts for the sale of goods for $500 or more  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract that is understood from the acts or conduct of the parties  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 The promises exchanged by parties to a contract  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract with several unrelated parts, each of which can stand alone  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract that lacks an essential element and hence was never legally a contract  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A written contract that bears a seal  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract whose meaning is not determined by the conduct of the parties  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A  meeting of the minds  regarding the rights and obligations of the parties to a contract  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract with several related parts, each dependent on the other parts for satisfactory performance  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract that allows the incompetent party to withdraw  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract that has not yet been completed by both parties  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract that is created entirely through conversation of the parties involved  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 A contract that has been fully completed by both parties  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 The requirement that a contract cannot violate the law  1  competent party 2  consideration 3  divisible contract 4  entire, or indivisible, contract 5  executed contract 6  executory contract 7  express contract 8  formal contract 9  implied contract 10  legality of purpose 11  mutual agreement 12  oral contract 13  proper form 14  voidable contract 15  void contract",
    "question_description": "<p><strong>Question 1(5 points)<\/strong><\/p> <p><strong><em>Elements of Contract:<\/em><\/strong>Esposito hired Excel Construction Company to repair a porch roof for $625 while she was out of town on vacation. All terms of the agreement were specified in a written contract, but the agreement failed to specify whether it was the front or rear porch that needed repair. When Esposito returned, she discovered that Excel had repaired the rear porch roof. She refused to pay, claiming that she wanted the front porch roof repaired. Were all essential elements of a contract present, and will Esposito be required to pay for the work that was done?<\/p> <p>What is the principle of Law?<\/p> <p>What is your decision for this case?<\/p> <p><strong>Question 2(4 points)<\/strong><\/p> <p><strong><em>Consideration:<\/em><\/strong>William Storey Sr. promised his nephew, William Storey II, that he would pay him $5,000 if his nephew avoided drinking, using tobacco, swearing, and playing cards and billiards for money until he became 21 years old. The nephew agreed to the offer and kept his part of the bargain. At the age of 21, he wrote to his uncle and asked for the $5,000. The uncle acknowledged the promise, praised his nephew for keeping his part of the bargain, but did not pay the money at that time. A short time later, the uncle died. The executor of his estate refused to pay the nephew, claiming that the contract was invalid due to the lack of consideration. WasPage 118the nephew's promise to avoid drinking, using tobacco, swearing, and playing cards and billiards for money until he became 21 legal consideration? [<em>Hamer v. Sidway<\/em>, 27 N.E. 256 (New York)]<\/p> <p>What is the principle of law?<\/p> <p>What is the final decision for this case?<\/p> <p><strong>Question 3(4 points)<\/strong><\/p> <p><strong><em>Proper Form:<\/em><\/strong>Hodge, a 54-year-old employee of a bank, discussed his job and future with Tilley, president of Evans Financial Corporation and his employer. They agreed orally on a number of matters, including job title and location. After eight months on the new job, Tilley became dissatisfied with Hodge's work and discharged him. Hodge immediately sued, claiming that the oral agreement provided for employment until he retired at age 65. Does the length of time needed to fulfill the contract have a bearing on the enforceability of the contract? [<em>Hodge v. Evans Financial Corp<\/em>., 778 F.2d 794 (District of Columbia)]<\/p> <p>What is the principle of law?<\/p> <p>What is the final decision in this case?<\/p> <p><strong>Question 4(5 points)<\/strong><\/p> <p>Divisible or Entire ContractGrogan, a marketing consultant, was hired by Kreger Bottling Company to conduct market research into the taste preferences of consumers in a major city. Before he concluded the project, he was asked to take on the additional task of analyzing the appeal of various shapes of bottles that Kreger was considering for a new line of soft drinks. When the taste test was finished, but before the second project was completed, Grogan submitted his bill for the taste test. Kreger refused to pay until the bottle test was completed. Does Grogan have a basis for demanding payment for the portion of the work done?<\/p> <p>What is the principle of law?<\/p> <p>What is the final decision?<\/p> <p><strong>Question 5(2 points)<\/strong><\/p> <p><strong><em>Status of Contract:<\/em><\/strong>Knoll and Kalichuk signed an agreement for the sale of Knoll's sailboat. The agreement was complete in all respects, including the provision of time and place of delivery, sale price, and accessories included. On the date agreed for the exchange of payment and delivery of the boat, Knoll informed Kalichuk that he had changed his mind and decided not to sell.Provide two answers (one from option a, one from option b).<\/p> <ol> <li>a.Executed, Executory, Neither<\/li> <li>b.Valid, Voidable, Void<\/li> <\/ol> <p><strong>Question 6(2 points)<\/strong><\/p> <p><strong><em>Status of Contract:<\/em><\/strong>Arslantian, a suburban homeowner who was involved in a major landscaping project, offered to pay Manley, a county employee, 50 percent of the market price for certain shrubbery belonging to the county parks commission if Manley would deliver it to a meeting place in a shopping mall.Provide two answers (one from option a, one from option b).<\/p> <ol> <li>a.Executed, Executory, Neither<\/li> <li>b.Valid, Voidable, Void<\/li> <\/ol> <p><strong>Question 7(7 points)<\/strong><\/p> <p><strong><em>Elements of Contract:<\/em><\/strong>Fiscus, age 23, entered into an oral contract with Badger, a 30-year-old bricklayer, for the construction of a backyard barbecue for a fee of $300. The work was completed in two weeks, as agreed.Provide an answer for each question.<\/p> <ol> <li>a.Is there an offer and an acceptance?<\/li> <li>b.Is this a valid contract?<\/li> <li>c.Are the parties competent?<\/li> <li>d.Name the parties.<\/li> <li>e.Is the purpose of the contract legal?<\/li> <li>f.What is the purpose?<\/li> <li>g.Is there consideration present?<\/li> <li>h.What is the consideration?<\/li> <li>i.Is there mutual agreement?<\/li> <li>j.Explain the purpose of the contract.<\/li> <\/ol> <p><strong>Question 8(15 points)<\/strong><\/p> <p>Instruction:Match each of the numbered definitions with the correct term in the following list.<\/p> <p>Question 1 options:<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A person who is of legal age and normal mentality.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A requirement for contracts for the sale of goods for $500 or more.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract that is understood from the acts or conduct of the parties.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>The promises exchanged by parties to a contract.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract with several unrelated parts, each of which can stand alone.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract that lacks an essential element and hence was never legally a contract.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A written contract that bears a seal.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract whose meaning is not determined by the conduct of the parties.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A \"meeting of the minds\" regarding the rights and obligations of the parties to a contract.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract with several related parts, each dependent on the other parts for satisfactory performance.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract that allows the incompetent party to withdraw.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract that has not yet been completed by both parties.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract that is created entirely through conversation of the parties involved.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>A contract that has been fully completed by both parties.<\/p> <p>1<\/p> <p>2<\/p> <p>3<\/p> <p>4<\/p> <p>5<\/p> <p>6<\/p> <p>7<\/p> <p>8<\/p> <p>9<\/p> <p>10<\/p> <p>11<\/p> <p>12<\/p> <p>13<\/p> <p>14<\/p> <p>15<\/p> <p>The requirement that a contract cannot violate the law.<\/p> <p><strong>1<\/strong>.competent party<\/p> <p><strong>2<\/strong>.consideration<\/p> <p><strong>3<\/strong>.divisible contract<\/p> <p><strong>4<\/strong>.entire, or indivisible, contract<\/p> <p><strong>5<\/strong>.executed contract<\/p> <p><strong>6<\/strong>.executory contract<\/p> <p><strong>7<\/strong>.express contract<\/p> <p><strong>8<\/strong>.formal contract<\/p> <p><strong>9<\/strong>.implied contract<\/p> <p><strong>10<\/strong>.legality of purpose<\/p> <p><strong>11<\/strong>.mutual agreement<\/p> <p><strong>12<\/strong>.oral contract<\/p> <p><strong>13<\/strong>.proper form<\/p> <p><strong>14<\/strong>.voidable contract<\/p> <p><strong>15<\/strong>.void contract<\/p>",
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