Exchange of rights and obligations that occur in a contract


Problem: The topic of the contract has to be an everyday transaction for which you would not normally "write a" contract. The posted example to purchase one cup of coffee is a good example.  The exercise we did in class for the rights and obligations exchanged when you take a taxi ride are another example of the exchange of rights and obligations that occur in a contract. Your contract subject cannot be:

For the purchase of a cup of coffee or any similar beverage (because I gave you that)

For a taxi ride because we discussed that in class.

For these topics:

  • Buying a computer or cell phone with two pages of performance specs.
  • Buying a slice of pizza and a drink or buying a hamburger
  • Renting an apartment

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Business Law and Ethics: Exchange of rights and obligations that occur in a contract
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