Which type of contract is more likely to have fraud


Question 1: Based on the reasons a contract may be defective, which reason do you think would be the hardest to prove? Be sure to explain why you think this would be hard to prove.

Question 2: Which type of contract do you think is more likely to have fraud, concealment or misrepresentation involved, causing it to not be a genuine agreement? Be sure to identify the contract choice, identify which problem it is likely to have, and then explain why you think this problem is likely.

Question 3: Give an example of when you think a minor should be able to enter into a contract. State why you think a minor should be allowed to enter into this contract.

Question 4: Explain three damages that a person can sue for if a contract is breached.

Question 5: Why is it important to read the warranty and know if you are getting a Limited Warranty or a Full Warranty?

Question 6: How are consumers protected when they purchase from a business?

Question 7: Why do you think the FDA, FTC and CPSC are important for consumers? Be sure to use your notes to justify the importance of each agency.

Question 8: What do you think are the two most important legal aspects everyone should understand before owning a car and why? Be sure to reference your notes.

Goal: Your task is a complaint letter regarding the malfunction of a product and breach of a warranty by the company from which the product was purchased.

Role: You are an unhappy consumer who bought a product that malfunctioned, and the company would not honor the warranty.

Audience: The company from which you purchased the product

Situations:                   

You went to Super Sneakers to buy a pair of sneakers they had advertised for $75.   The advertisement was for a pair of Asic running sneakers.   When you arrived at the store, the salesperson told you that that sale expired.   So he proceeded to show you other running shoes, focusing in on a pair of $150 running shoes.   You told the sales person that you run an average of 5 miles a day.   The salesperson explains why the sneakers you bought are the best type for a runner.   And he shared with you that they are made well and will endure the runs you do.   After paying for the sneakers, the cashier gave you an information sheet regarding the sneakers.   The brand of sneakers is Nike and Nike guarantees their product and allows for a year of replacement if stitching comes undone or a sole comes loose. After wearing the sneakers for a week the sole started to fall off the sneakers.   You have decided that you want to help other people become aware of common consumer issues.

Product or Performance: a letter to Nike that explains what went wrong and how you think you should be compensated.   Be sure to indicate to Nike that you understand the difference between an implied warranty and an express warranty.   Also be sure to indicate how they will have violated your consumer rights if they do not replace the shoes.

Make a flyer that identifies common unfair and deceptive practices. Fraudulent Misrepresentation, Work-at Home Schemes, Bait and Switch Advertising, Unordered Merchandise

Standard for Success:

Your letter should include:

  • When and where you purchased the shoes
  • What went wrong with the shoes
  • Specific actions you expect
  • State Reasonable time for actions
  • Be sure to use proper business letter formatting

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Business Law and Ethics: Which type of contract is more likely to have fraud
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