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QuestionContract (50 points)

QuestionContract (50 points)

Question

Contract (50 points)

Each student is to produce a 4 paragraph paperanalyzinga contract. In advance of the paper send, for review by the instructor, a copy of a contract used in everyday life, e.g., insurance, credit card, rental agreement, gym membership, etc. Send this by email. Be creative. It can be a blank contract. Several websites offer free form contracts. There are contracts in Blackboard under Contract Examples link. The copy of the contractmustbe turned in with the paper unless you are using one that is in Blackboard. In that case, merely reference the title of the contract in your report. A URL is not a substitute. Please make sure any confidential data has been deleted or blacked out. A four paragraph typed summary of the contract must be attached which discusses any features of the contract that were covered in the text.

The first paragraph is to be a summary of the entire contract. Please note that I said asummary– which means an overview of the contract and not a detailed description. Your summary paragraph should not be much longer than the 3 other paragraphs. I’m looking for an overview of the contract and not what each section is about.

The other three paragraphs are to be used to discuss andanalyzethree different clauses in the contract (one per paragraph) and how they relate to the textbook and lecture. Be sure and indicate which paragraph in the contract you are discussing, e.g., #1 of the contract talks about x, y, and z.

I am looking for ananalysisof how each clause relates to the class material. Little or no analysis will result in point deductions. Summarizing the clause is not an analysis. Show me that you understand how this clause functions in the “real world”. I want to see that you understand the legal consequences of each clause you are discussing and not just paraphrasing the contract wording. Hypothetical examples are an easy way of showing this. You must also refer by page or chapter to the part(s) of the text you are using.

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