Business Law & Legally Binding Arrangement Discussion

tion Description

I’m working on a business law question and need an explanation to help me study.

Consider the following hypothetical: Ed contracted with Becky to build a house. Immediately prior to that meeting, Becky was so nervous that she drank an entire bottle of champagne and she does not remember all of the details of the meeting. Shortly before the closing, Ed met with Becky, accused her of fraud and threated to prevent the contract from going to closing. Ed’s associate, a former stunt double for Dwayne “the Rock” Johnson, stood outside the door for two hours to prevent Becky from leaving. Ed gave Becky the choice of signing a new contract promising him more money for the build or going to court. Becky signed the agreement but now has sought legal advice.

• Imagine that you are Becky’s attorney. What would you tell her about whether she can rescind the contract? (Big Hint: Capacity to Contract, Duress and Undue Influence)

Points: 100 Overview: In this unit, we have been examining under what grounds a contract may be rescinded or declared void and voidable. This assignment asks you to review a hypothetical business situation and conduct an analysis. Instructions: Consider the following hypothetical: Ed contracted with Becky to build a house. Immediately prior to that meeting, Becky was so nervous that she drank an entire bottle of champagne and she does not remember all of the details of the meeting. Shortly before the closing, Ed met with Becky, accused her of fraud and threated to prevent the contract from going to closing. Ed’s associate, a former stunt double for Dwayne “the Rock” Johnson, stood outside the door for two hours to prevent Becky from leaving. Ed gave Becky the choice of signing a new contract promising him more money for the build or going to court. Becky signed the agreement but now has sought legal advice

. • Imagine that you are Becky’s attorney. What would you tell her about whether she can rescind the contract? (Big Hint: Capacity to Contract, Duress and Undue Influence) Requirements: • • • Include one resource, in addition to the textbook. o Use APA format for non-legal sources such as the textbook. Use Bluebook citation format for any legal citations. Submit a Word document. Maximum two pages in length, excluding the Reference page. Be sure to read the criteria below by which your work will be evaluated before you write and again after you write. Evaluation Rubric for Grounds to Rescind a Contract Assignment CRITERIA Deficient 0 – 44 Points Analysis Paper Length Clear and Professional Writing and APA/Bluebook Format Needs Improvement 45 – 59 Points Does not concisely and clearly analyzes the scenario.

Somewhat concisely and clearly analyzes the scenario. 0 – 5 points More than 2 pages 6 – 7 points n/a 0 – 8 points 9 – 11 points Proficient Exemplary 60 – 74 Points Mostly concisely, succinctly, and clearly analyzes the scenario. 8 – 9 points n/a 75 Points 12 – 14 points Errors impede Significant errors Few errors professional that do not that do not presentation; impede impede guidelines not professional professional followed. presentation. presentation. Concisely, succinctly, and clearly analyzes the scenario. 10 points 2 pages or less 15 points Writing and format are clear, professional, APA/Bluebook compliant, and error free.

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