. Frequently business p Only question 2 needed
Question # 00089913
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Updated on: 08/07/2015 11:11 AM Due on: 09/06/2015
I really need help with this as soon as possible!
1. Frequently business people, or just any individual, fail to realize the importance of contracts in their daily lives. Many casual agreements in our day-to-day lives are actually enforceable as contracts in a court of law; a 25 page written and notarized agreement is not always required. To demonstrate the importance of contracts, please begin by listing and defining the four required elements of a contract needed for enforcing it in court. The enforcement of contracts then leads to the next question of whether a contract is enforceable under the Common Law, or under the Uniform Commercial Code? Define this issue.
As a final segment of this question, please define the following contract terms:
Void
Voidable
Quasi Contract
Executory Contract
Executed Contract
Mail Box Rule
2. Mr. Andy Gray had been injured in a car accident 5 years ago that left him paralyzed from the waist down, and confined to a wheelchair. Mr. Gray had been a skilled electronic technician for many years prior to his injury. After 5 years of living off the damage payments he received from the auto accident and Disabled Social Security, Mr. Gray decided to go back to work. He applied to XYZ Computer Company for a job assembling their product. The problem was that XYZ relied on an assembly line to produce their product, and Mr. Gray could not access or stand at the assembly line to work on producing the computers. XYZ declined to hire Mr. Gray. Mr. Gray then filed a law suit, claiming that under the 1990 Americans With Disability Act, XYZ should be forced to abandon the assembly line operation and assemble the computers at individual cubicle work sites where someone in a wheel chair could work. The computer company’s lawyer rejected this request, noting that abandonment of the assembly line would cost the company $175,000,000 to restructure, and increase their computer production cost by 30%. So, as the Judge in this case, how will you rule? What options do you have in this case?
3. Court Process versus ADR: The Federal and State Court Systems throughout the U.S. have become overwhelmed with the backlog of cases awaiting access to trial court. Much of this is attributed to two factors; 1) the United States has 5% of the world’s population, but 65% of the worlds lawyers; and 95% of our cases are settled before going to trial, but 95% of the 95% are settled on the courthouse steps just before the case goes to trial. Therefore there is a growing demand for Alternate Dispute Resolution to substitute for our traditional court process. Such Alternate Dispute Resolution is also increasingly popular in the international business environment. List and define the three most attractive forms of Alternate Dispute Resolution (ADR), and the attractions that they provide over the typical court trial procedure.
1. Frequently business people, or just any individual, fail to realize the importance of contracts in their daily lives. Many casual agreements in our day-to-day lives are actually enforceable as contracts in a court of law; a 25 page written and notarized agreement is not always required. To demonstrate the importance of contracts, please begin by listing and defining the four required elements of a contract needed for enforcing it in court. The enforcement of contracts then leads to the next question of whether a contract is enforceable under the Common Law, or under the Uniform Commercial Code? Define this issue.
As a final segment of this question, please define the following contract terms:
Void
Voidable
Quasi Contract
Executory Contract
Executed Contract
Mail Box Rule
2. Mr. Andy Gray had been injured in a car accident 5 years ago that left him paralyzed from the waist down, and confined to a wheelchair. Mr. Gray had been a skilled electronic technician for many years prior to his injury. After 5 years of living off the damage payments he received from the auto accident and Disabled Social Security, Mr. Gray decided to go back to work. He applied to XYZ Computer Company for a job assembling their product. The problem was that XYZ relied on an assembly line to produce their product, and Mr. Gray could not access or stand at the assembly line to work on producing the computers. XYZ declined to hire Mr. Gray. Mr. Gray then filed a law suit, claiming that under the 1990 Americans With Disability Act, XYZ should be forced to abandon the assembly line operation and assemble the computers at individual cubicle work sites where someone in a wheel chair could work. The computer company’s lawyer rejected this request, noting that abandonment of the assembly line would cost the company $175,000,000 to restructure, and increase their computer production cost by 30%. So, as the Judge in this case, how will you rule? What options do you have in this case?
3. Court Process versus ADR: The Federal and State Court Systems throughout the U.S. have become overwhelmed with the backlog of cases awaiting access to trial court. Much of this is attributed to two factors; 1) the United States has 5% of the world’s population, but 65% of the worlds lawyers; and 95% of our cases are settled before going to trial, but 95% of the 95% are settled on the courthouse steps just before the case goes to trial. Therefore there is a growing demand for Alternate Dispute Resolution to substitute for our traditional court process. Such Alternate Dispute Resolution is also increasingly popular in the international business environment. List and define the three most attractive forms of Alternate Dispute Resolution (ADR), and the attractions that they provide over the typical court trial procedure.
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Solution: . Frequently business only question 2