Business Law

Business Law

Question 1 is a brief fact pattern which will allow you to demonstrate your understanding of and ability to apply the rules of contract law: formation, defense to formation, performance, breach and damages.Question 2 is a brief fact pattern which will allow you to demonstrate your understanding of and ability to apply the rules of business organizations law.Tips: Use correct legal terms. Define every legal term you use. Do not limit your answers to conclusions. Explain all of your answers using rules of law we have discussed and studied. Support all of your answers and conclusions with detailed explanations of the rules of law.*Each of your arguments or conclusions should be supported by actual language from a case, a statute or a rule of law. If you use a legal term define the legal term you use. You will have four (4) hours to answer both questions. Use the time provided. Do not write a brief answer consisting solely or mostly of conclusions or arguments not supported by cases, statutes or rules of law. Your Contracts answer should address as many contract formation, defenses, performance, breach and damages issues as possible in the time allowed. Your Business Organizations answer should define and also compare and contrast as many of the business forms we have studied as possible in the time allowed.