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eBook:
Prenkert, J. D., Barnes, A. J., Perry, J. E., Haugh, T., & Stemler, A. (
eBook:
Prenkert, J. D., Barnes, A. J., Perry, J. E., Haugh, T., & Stemler, A. (2022). Business law: The ethical, global, and e-commerce environment (18th ed.). New York: McGraw-Hill Education.
• Chapter 14: Capacity to Contract
Articles, Websites, and Videos:
At this link you can read an example of jury instructions regarding consideration that a judge would use to instruct a jury considering a contract claim.
This video explains “capacity to contract.”
Watch Video
Mental Capacity to Contract
Duration: 2:02
User: The Business Professor – Added: 6/12/14
Overview: In this unit, we have been examining under what grounds a contract may be rescinded or declared void and voidable. This assignment asks you to review a hypothetical business situation and conduct an analysis.
Instructions: Consider the following hypothetical: Ed contracted with Becky to build a house. Immediately prior to that meeting, Becky was so nervous that she drank an entire bottle of champagne and she does not remember all of the details of the meeting. Shortly before the closing, Ed met with Becky, accused her of fraud and threated to prevent the contract from going to closing. Ed’s associate, a former stunt double for Dwayne “the Rock” Johnson, stood outside the door for two hours to prevent Becky from leaving. Ed gave Becky the choice of signing a new contract promising him more money for the build or going to court. Becky signed the agreement but now has sought legal advice.
• Imagine that you are Becky’s attorney. What would you tell her about whether she can rescind the contract? (Big Hint: Capacity to Contract, Duress and Undue Influence)
Requirements:
• Include one resource, in addition to the textbook. o Use APA format for non-legal sources such as the textbook. Use Bluebook citation format for any legal citations.
• Submit a Word document.
• Maximum two pages in length, excluding the Reference page.
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