The GC owners have questions and need clarification about several contract concepts and issues related to their new business. Specifically, they have questions about:
Statute of Frauds “writing requirement”
Discharge of a contract
Satisfaction of contract performance
Winne and Ralph have asked you to prepare examples and explanations of these 3 areas of contract law.
Instructions
To respond to the GC groups questions and concerns, create facts scenarios and explanations to discuss with the GC owners.
1. Statute of Frauds – “writing” requirement
Background: Generally, contracts for the sale of goods must be in writing, and the writing must be signed by the parties to the agreement, and the parties must be sufficiently identified. GC will be selling goods via the internet; the owners are wondering whether these electronic contracts are valid and enforceable.
Hypothetical Scenario: Company X contracted via the internet with Windows Bright, a small window washing