Elements of a ContractRead the Case Campbell Soup Co. v. Wentz in the text. Answer the following questions:1. What were the terms of the contract between Campbell and the Wentzes?2. Did the Wentzes perform under the contract?3. Did the court find specific performance to be an adequate legal remedy in this case?4. Why did the court refuse to help Campbell in enforcing its legal contract?5. How could Campbell change its contract in the future so as to avoid the unconsionability problem?Guided Response: Review your peerâs responses. Respond to at least two of your classmatesâ letting them know if you agree with their analysis. Legal analysis is fact driven. If your analysis of the facts is different from a peerâs response, list the facts that led you to your conclusion. Did your peer give more weight to facts that you found unimportant? The Uniform Commercial Code (UCC)Read the Ace Heating and Cooling scenario in your text and answer the following questions:a. Under UCC 2-302, who has the best chance of getting out of the contract due to unconsionability?b. The symbol for justice features a woman wearing a blindfold illustrating that the law should be applied the same way regardless of who the parties are. Does the UCC rule seem to contradict this? Which approach do you think is more ethical?c. Note that both Glamour and Shady Rest are businesses, and courts rarely find that contracts between two businesses are unconscionable. The rationale is that a business is a sophisticated entity, familiar with transactions and able to protect itself. Do you think Glamour and Shady Rest are in a comparable position in regard to this contract? Why or why not?Guided Response: Respond to at least two of your classmates, explaining your position and why you agree or disagree with their comments. Do you think the contracts are fair or unfair considering the parties had a disproportionate ability to bargain? Under UCC Section 2-302 the court has the discretion to find the contract unconscionable. Do you think this is a good approach? What other methods to resolve this issue is appropriate?
Masasi’s Trial Balance
Accounting Adjusting Entries, Posting and Preparing an Adjusted Trial Balance MASASI COMPANY, INC. Trial Balance June 30, 2008 – Affordable Custom Essay Writing Service | Write My Essay from Pro Writers Account Number Debit Credit 101 Cash $ 7,150 112 Accounts Receivable 6,000 126 Supplies 2,000 130 Prepaid Insurance 3,000 157 Office Equipment 15,000 201 […]