Lesson 1: Deposits and Returns
1. The store does not need to return the deposit unless it was stated that the deposit was refundable. If it is not then it is not their obligation to return the deposit. However they may choose to return the deposit to keep the customer happy.
2. a) The store was under legal obligation to hold the cherries for Mrs. Popowich. They had made an verbal contract from which both parties benefited. Mrs. Popowich would have gotten the cherries, and the manager got a $2 deposit.
However, if in the contract Mrs. Popowich had to return the same day, then the contract would have been violated and the store manager was no longer under legal obligation to hold the cherries.
2. b) Depending on the circumstances, yes. If she didn't need to be back the same day, then he violated the terms of which they had agreed upon.
3. a) Sonia should be able to return the knife because it doesn't work, however she may have to send it away to the company that made the knife, if the company who makes the knife had a money back guarantee.
3. b) Sherry wouldn't be able to return the sweater because it was her carelessness that caused the sweater to shrink. Plus most stores only allow you to return unworn and unwashed merchandise.
3. c) No he would not be able to return the saw unless it said it was meant to cut metal pipes, and if it was, there may be a manufacturer's warranty or money back guarantee from the manufacturer.
3. d) Yes Denzel would be able to return the shirts and get a refund, because he wanted to buy short sleeve shirts and the store sold him long sleeve shirts, and as long as they are unworn he should be able to get a refund.
4. Kim should get no satisfaction from returning to the store. She only had a week to return them, and she showed up a month later with gloves that are ripped and worn. She was informed of the store's policy so she should not have her money returned. However they may give her store credit, if they want to keep her happy.
5. Most stores have return policies, where under certain conditions you can return something you have bought. Though by law they aren't obligated to, they do because they value the customers. They want them to be happy, in hopes for the consumer to buy from their store again.
Lesson 2: Making Contracts
1. Bus/Cab ride. Buying Lunch. Going bowling, swimming, skating. Going to an amusement park. Buying clothes. Renting somewhere to live. Credit/debt cards. Renting a movie. Libray card.
2. No a contract hasn't been established. The taxi driver did not say anything. He did not agree to anything, and did not ask for something in return. While it is implied that he agrees because he starts driviing you to your destination, because he says nothing there is no contract.
3.
Types Of Contracts
Contract Implied Express
Getting a hair cut.
Buying a limited-edition print.
Buying a used vehicle.
Buying a bag of chips.
Renting two DVD's.
4. Bus/Cab ride.
Buying lunch
Going bowling
Going swimming
Going skating
Going to an amusement park.
Buying clothes.
Renting somewhere to live.
Credit/Debt Cards.
5. a) I do not think it is a valid contract because only one person gets something out of it.
5. b) I do not think it is a valid contract because Jessica is only four and doesn't know what she wants.
5. c) Its not valid because selling drugs is illegal.
5. d) I do not think it is a valid contract, because the father has nothing in return.
5. e) I know it is not a vaild contract because she was blackmailed into it.
5. f) It is not a valid contract becuase she really does not mean what she said, she was just frustrated.
5. g) It is a valid contract, because both parties get something.
Monday, February 2, 2009
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