Assignment For each of the questions, answer the following:
a. Identify the specific contract theory or issue involved in the scenario.
b. Summarize what the law says about the specific contract theory or issue identified.
c. Explain what the result of the legal action would be when the law is applied to the fact scenario.
Questions 1. John received a verbal offer of employment from Connor Co. for a position which would last for a year and a half. However, after a few months of working, Connor laid John off. John sues Connor for lost wages and to enforce his oral contract with Connor.
a.
b.
c.
2. On Monday, Mike puts an offer in an email to Sean to sell his guitar for $50. Monday night, Mike is playing with friends and decides he will miss his old guitar and has second thoughts about selling it. Tuesday morning, Mike mails Sean, telling Sean that he has changed his mind and does not want to sell the guitar. Sean had decided to buy the guitar. Sean sues Mike for breach of contract and to demand specific performance.
a.
b.
c.
3. 17-year-old Bob signs a contract for sky diving lessons with Open Horizons Flight School. The contract Bob signed contained an exploratory clause stating Bob could not sue Open Horizons for any injuries he might experience during his sky diving lessons. Bob takes lessons for 16 months. When Bob was 18 % years old, he broke an ankle while sky diving with Open Horizons. Barry attempts to rescind his contract and sued Open Horizons for negligence. Will Barry be permitted to rescind his contract with Open Horizons?
a.
b.
c.
4. Mark and Jean Johnson negotiate with Blue Sky Real Estate for the purchase of a tract of scenic mountain property. Blue Sky prepares a formal contract for the sale of the land and mails it, unsigned to the Johnsons. Before the contract arrives in the mail, Blue Sky sells the property to another buyer. The Johnsons are upset and sue Blue Sky for breach of contract and demand specific performance.
a.
b.
c.