Your assignment is to watch a movie and answer some specific questions. The paper should be 2-3 pages long, 12 point font, double-spaced, with standard 1 inch margins. The paper needs a cover page that includes your name, date and movie title. The first couple paragraphs should summarize the movie. Following the summary, answer the questions listed below. Type the question, followed by your answer. This is not an essay-type paper but you need to answer the questions using complete sentences
Pick one of the following movies:
• Paper Moon
• Jerry Maguire
• Baby Boom
• Midnight Run
• The Santa Clause
• Any other movie that illustrates contract concepts - needs instructor approval.
Answer the following questions:
1. Identify the contract at issue in the movie. What kind of a contract is it - formal or informal, express or implied, executed or executory, bilateral or unilateral. Who are the parties to the contract? What is the subject matter of the contract.
2. What was the offer? Was it (and if yes, how was it) accepted? Explain.
3. Do the parties to the contract have contractual capacity? Explain.
4. Identify the consideration or "bargained-for" exchange between the parties to the contract? Explain.
5. Is there any reason to think the contract may be illegal or contrary to public policy?
6. Does the contract need to be in writing to be enforceable?