Question One

Peter entered into a contract with Howard, an auctioneer.The contract stated that Howard was to sell some vacant land that Peter owned. Robert wanted to bid on a property; he asked Howard whether the property was zoned for commercial development.Howard said that it was, but Howard was mistaken.There was only zoning for agricultural use.Robert bought the property at the auction, relying on what Howard had told him about zoning.Since purchasing the property, he has discovered that the land is not zoned for commercial development. He wants his money back. Does Peter have to reimburse Robert? Explain your answer. Question Two Susan and Joyce were both accountants carrying on business as sole proprietors.They decided to enter into an arrangement that would reduce their expenses. i. they rented premises consisting of three offices and a reception area, where they both could practice.They each signed the lease. ii. They hired a secretary to work for both of them. iii. They will each contribute equally to the office expenses iv. Apart from those shared expenses, all expenses are the responsibility of the person incurring them v. All decisions regarding management of the office such as the salary of the shared secretary require the consent of both Susan and Joyce. vi. Each will bill and be exclusively entitled to the fees received in return for their own work. Is this a partnership?

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Commercial Law - Assignment Two - Rubric

The Legal Issue

Value

Demonstrates a thorough understanding of the legal issue.Describes the legal issue and provides at least three reasons for the position taken. Uses at least two resources (cases, legislation and/or textbook) to support the answer.

8 (4 + 4)

Demonstrates some understanding of the legal issue.Describes the legal issue and provides at least two reasons for the position taken. Uses at least one resource resources (cases, legislation and/or textbook) to support the answer.

6 (3 + 3)

Demonstrates a minimal understanding of the legal issue.The legal issue is poorly described.One reason is provided for the position taken.

Uses at least one resource resources (cases, legislation and/or textbook) to support the answer.4 (2 + 2)

Does not demonstrate an understanding of the legal issue.The legal issue is not described.No reasons are given for the position taken.No resources are provided.

2 (1 + 1)

Organization

Value

Information is very organized with well-constructed paragraphs and subheadings.

4

Information is organized with well-constructed paragraphs.

3

Information is organized, but paragraphs are not well-constructed.

2

Information is disorganized. Paragraphs are poorly constructed.

1

Mechanics

Value

No grammatical, spelling or punctuation errors.

4

Almost no grammatical, spelling or punctuation errors

3

A few grammatical spelling, or punctuation errors.

2

Many grammatical, spelling, or punctuation errors.

1