24/7 Homework Help

Studykind Will Help You Write Your Essays and Term Papers

From initial topic to finished paper

Question:

Instructions Final Contract AnalysisNote: This is a two-partInstructions Final Contract AnalysisNote: This is a two-part

by | Jun 19, 2022 | Questions & Answers

Instructions Final Contract AnalysisNote: This is a two-part assignment that consists of two different contractanalysis scenarios. Please answer both scenarios on one document, and uploadit to Blackboard. Contract analysis scenario one—damages determination: Alfred and Barbaraown adjoining farms in Dry County, an area where all agriculture requiresirrigation. Alfred bought a well-drilling rig and drilled a 400-foot well fromwhich he drew drinking water. Barbara needed no additional irrigation water,but in January 1985, she asked Alfred on what terms he would drill a well nearher house to supply better-tasting drinking water than the county water shehas been using for years. Alfred said that because he had never before drilleda well for hire, he would charge Barbara only $10 per foot, about one dollarmore than his expected cost. Alfred said that he would drill to a maximumdepth of 600 feet, which is the deepest his rig could reach. Barbara said,’OK—as long as you can guarantee completion by June 1, we have a deal.’ Alfredagreed, and he asked for $3,500 in advance, with any further payment or refundto be made on completion. Barbara said, ‘OK,’ and she paid Alfred$3,500.Alfred started to drill on May 1. He had reached a depth of 200feet on May 10 when his drill struck rock and broke, plugging the hole. Theaccident was unavoidable. It had cost Alfred $12 per foot to drill this 200feet. Alfred said he would not charge Barbara for drilling the useless hole inthe ground, but he would have to start a new well close by and could notpromise its completion before July 1.Barbara, annoyed by Alfred’sfailure, refused to let him start another well. On June 1, she contracted withCarl to drill a well. Carl agreed to drill to a maximum depth of 350 feet for$4,500, which Barbara also paid in advance, but Carl could not start drillinguntil October 1. He completed drilling and struck water at 300 feet on October30.In July, Barbara sued Alfred, seeking to recover her $3,500 paid toAlfred, plus the $4,500 paid to Carl.On August 1, Dry County’s damfailed, thus reducing the amount of water available for irrigation. Barbaralost her apple crop worth $15,000. The loss could have been avoided by pumpingfrom Barbara’s well if it had been operational by August 1. Barbara amendedher complaint to add the $15,000 loss.In a minimum of a 1,000-word contract analysis, discuss Barbara’s suitagainst Alfred. What are Barbara’s rights, and what damages, if any, will sherecover? Cite any direct quotes or paraphrased material from outside sources. Use APAformat.Contract analysis scenario two—remedies determination: Mundomanufactures printing presses. Extra, a publisher of a local newspaper, haddecided to purchase new presses. Rep, a representative of Mundo, met withBoss, the president of Extra, to describe the advantages of Mundo’s new press.Rep also drew rough plans of the alterations that would be required in Extra’spressroom to accommodate the new presses, including additional floor space andnew electrical installations, and Rep left the plans with Boss.OnDecember 1, Boss received a letter signed by Seller, a member of Mundo’s salesstaff, offering to sell the required number of presses at a cost of $2.4million. The offer contained provisions relating to the delivery schedule,warranties, and payment terms but did not specify a particular mode ofacceptance of the offer. Boss immediately decided to accept the offer andtelephoned Seller’s office. Seller was out of town, and Boss left thefollowing message: ‘Looks good. I’m sold. Call me when you get back so we candiscuss details.’Using the rough plans drawn by Rep, Boss alsodirected that work begin on the necessary pressroom renovations. By December 4,a wall had been demolished in the pressroom, and a contract had been signedfor the new electrical installations.On December 5, the President ofthe United States announced a ban on foreign imports of computerized heavyequipment. The ban removed—from the American market—a foreign manufacturerthat had been the only competitor of Mundo. That afternoon, Boss received anemail from Mundo stating, ‘All outstanding offers are withdrawn.’ In asubsequent telephone conversation, Seller told Boss that Mundo would notdeliver the presses for less than $2.9 million.In a minimum of a 1,000-word contract analysis, discuss the followingquestions: Was Mundo obligated to sell the presses to Extra for $2.4 million?Assume Mundo was so obligated. What are Extra’s rights and remedies againstMundo?Cite any direct quotes or paraphrased material from outside sources. Use APAformat.

Never use plagiarized sources. Get Your Original Solution for
Instructions Final Contract AnalysisNote: This is a two-partInstructions Final Contract AnalysisNote: This is a two-part
Get your expert answer just from $9.99/Page

100% Original paper Customized to your instructions!

Order Now

Click HERE

HOME TO CERTIFIED WRITERS

Why Place An Order With Us?

  • Certified Editors
  • 24/7 Customer Support
  • Profesional Research
  • Easy to Use System Interface
  • Student Friendly Pricing

Have a similar question?

Services that we offer

Your Paper Is In Safe Hands

PLAGIRAISM FREE PAPERS

All papers we provide are well-researched, properly formatted and cited.

TOP QUALITY

All papers we provide are well-researched, properly formatted and cited.

HIGHLY SECURED

All papers we provide are well-researched, properly formatted and cited.

Related Assignments

Study more efficiently

Quickly get your essay from idea to final graft save time, money and effort.

Boost your grade

Get through your toughest problem and learn how to solve them from expert writers

Essay Writing Service Ready to Help Online 24/7

Hire a professional just from $9.99

Click here

Chat now
Powered by Studykind
Hello! Welcome to to our whatapp support.

We offer READY solutions, HIGH QUALITY PLAGIARISM FREE essays and term-papers.

We are online and ready to help.