Business law


Simple 3 questions


Exercise:  Give an example of a contract containing an exculpatory clause that is illegal and explain why it is illegal. Give an example of a covenant against competition that is illegal and explain why it is illegal. Give an example of an adhesion clause. Give an example of a contract that is unconscionable and explain why it is illegal. Assume that A was required by law to have a regulatory license but did not. Also assume that A provided a service to B pursuant to a contract. Would A be able to recover for the services rendered? Explain.


Exercise: Please submit your view of how the Statute of Frauds and the Parol Evidence Doctrine differ. In other words, what is the Statute of Frauds attempting to accomplish and what is it that the Parol Evidence Doctrine is attempting to accomplish? Also, give an example of each type of contract that falls under the Statute of Frauds. i.e., A and B entered into a contract in which they agreed to ..... Identify which type of contract it is (Contract for the sale of real estate, collateral contract, etc.).


Exercise:  Give an example of an assignment, a delegation and a third party beneficiary contract. In the assignment example, identify the assignor, assignee and the obligor. In the third party example, identify the third party beneficiary and her status (donee, creditor or incidental), the promisor and the promisee. In the delegation example, identify the delegator, delegatee, and the obligee.


    • Posted: 5 years ago
    • Due: 
    • Budget: $15
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