Objectives - You should be able to determine who is competent to contract and who is not and why.  You should also have a basic understanding of all of the elements of a contract.  The law of contracts is very important in a business setting.  You need to know why most contracts must be in writing to be enforceable.  Also know what contracts must always be in writing to be enforceable, and know what the Statute of Frauds is.  Know how to perform a contract, how to discharge a contract and what happens when you breach a contract.  Also, know all of the remedies for breach of a contract.  The most important cases for Chapter 10 are:  Deschamps v. Treasure State Trailer Court; Derosier v. Utility Systems of America, Inc.

Assignments

Read Chapter Ten--carefully

Do the Assignments listed below for Chapter 10

Chapter 10- Google the case of Star Chevrolet v. Green.  This is one of the leading U.S. cases regarding contracts with minors.  Which is never a good idea for someone in business.   It relates to General objectives 2, 3, 4 and 7.   Read the case synopsis and  1) summarize the issues in this case, and; 2) explain how the court held in the case and why the court held as it did.  Relate the information contained in chapter 10 regarding contract with minors to the issues and holding in this case.  https://law.justia.com/cases/mississippi/supreme-court/1985/54844-0.html

Also, do case question #2 on page 238. Anglin v. Berry 912 S.W.2d 633, App., Mo. (1995).   The case questions involve actual cases, so google those cases and the citations given in the text and read about the actual case.  It will help in answering the question.   This case has to do with contract avoidance because the Plaintiff claims there was no "meeting of the mind"  with regard to the contract.  https://www.leagle.com/decision/19951545912sw2d63311489

All  assignments will be due November 6th  by 11:59 p.m. and I will not accept them late