Business Law: Publisher Project

Points 100

Content Standard: Students will analyze and describe the elements of a contract.

Objective: Students will create a newsletter with four parts to explain the elements of a contract, describe the requirements of an offer, dialogue between an offeror and an offeree, describing how an offer may be ended

Also, you will be answering 2 under the surface critical thinking questions in paragraph form

Language objective: explain and write about the before mentioned topics in written, typed language

Common Core standard: CCSS.ELA-Literacy.RH.6-8.3
Identify key steps in a text's description of a process related to history/social studies

Instructions:

1. Open Microsoft office, choose a “blank publication”

2.Choose a newsletter, and a template

3.On the template include the following right away

  1. Name of your newsletter
  2. Name date period somewhere where it can be easily found
  3. Cut or erase any unneeded parts

4.Section 1: title: Six requirements of a contract

  1. List and describe all six elements required for the courts to treat this transaction as a contract
  2. Explain how your offeror and offeree completed one of the step (which step?)

5.Section 2: title: Requirements of an offer

  1. List and describe the 3 elements of a legal offer

6.Section 3: title “An offer”

  1. Create a 20 line dialogue between an offeror and offeree
  2. An offer must be made and accepted about a purchase of some kind
  3. Include all elements of an offer. See the example to help you get started
  4. Offeror: hey want to buy something
  5. Offeree: what is it I only have $100 dollars

7.Section 4: title: ending an offer

  1. Describe all the ways that an offer can be ended and by whom It can be ended

8.Section 5: Title: thinking critically

  1. Copy then answer in a paragraph both of the following questions.
  2. The owner of a small color television set offers to sell it to a neighbor for $75. As the neighbor stands there thinking about the offer, a bystander says, “That’s a bargain. I’ll take it!” Is there a contract between the bystander and the owner or the neighbor and the owner or neither? Why?
  3. Frank saw a motorized wheelchair advertised in the paper. When he called, it was described to him and he drove out to see it. The seller was asking $900 for it, but it needed work. So Frank offered $700. The seller said she wasn’t interested at that price. Later, Frank called and accepted the offer at the $900 price. However, the seller said it had been sold. Frank became upset and sued. Will the seller be liable? Why or why not?