business commercial law assignment

Applied Learning Assignment #4 

This assignment is required.  The following criteria apply to this assignment:

Maximum Possible Points:  The maximum number of points you may earn for this assignment is 50.  Points earned from this assignment will be added to your total point score for the semester. (See the course syllabus for the course grading scale.)  
WANT TO HAVE A PROFESSIONAL WRITER WORK ON THIS PAPER? CLICK HERE TO ORDER THIS PAPER
Due Date Fri., Oct. 25th :  Assignments must be submitted no later than the beginning of the class session on the due date. Late submissions will not be accepted or graded.

The Assignment:  

First, find a written contract that you are a party to (either now or in the past). Some good examples are: a cell phone agreement, a lease, an insurance policy, a cable service contract, an employment contract, a gym membership, a scholarship, or a parking permit. 

Second, read the contract in its entirety. 

Then, complete the Assignment Sheet by answering the questions about the contract you have selected. Be sure to apply course concepts in your answers. Please note:
•    Write your name on the Assignment Sheet. 
•    Please use complete sentences for your answers.
•    Provide sufficient information to fully answer the questions. 
•    You need not attach a copy of the contract you have selected. 

L203 – Commercial Law
Applied Learning Assignment #4 

____________________________
Student Name

Section 1 (5 points): The Nature of the Contract - Briefly describe the type of contract you have selected and the purpose of this agreement. 
Section 2: The Parties

(4 points) Identify the parties who are/were part of this agreement:

(5 points) Which party was the offeror and which was the offeree? How did the offer take place? Explain your answer.

Section 3: The Obligations of the Parties

(8 points) Describe the primary duties of one of the parties to the contract. That is, what are they required to do in order to meet their obligations under the agreement?

(8 points) Now, describe the primary duties of the other party to the contract. What are they required to do in order to meet their obligations?


Section 4: Provisions 

Notice Provisions (5 points): Identify and summarize any contract language regarding requirements and procedures for notifying each other of potential claims under the contract.  


Arbitration Clause (5 points): Does your agreement contain language whereby the parties have agreed to arbitrate any claims between them? If so, summarize the terms.


Forum Selection/Jurisdiction (5 points): Does your agreement specify a state law that will apply to the contract? If so, what state? Describe. 

Termination (5 points): When does the agreement terminate? Is there any language that gives either party a right to terminate before that date? If so, summarize the terms. 
WANT TO HAVE A PROFESSIONAL WRITER WORK ON THIS PAPER? CLICK HERE TO ORDER THIS PAPER