Case analysis - Discuss the elements of an implied contract...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Case analysis: Express versus Implied Contracts for McDougal and Krunch The Case Express versus Implied Contracts. Suppose that a local businessperson, McDougal, is a good friend of Krunch, the owner of a local candy store. Every day on his lunch hour McDougal goes into Krunch's candy store and spends about five minutes looking at the candy. After examining Krunch's candy and talking with Krunch, McDougal usually buys one or two candy bars. One afternoon, McDougal goes into Krunch's candy shop, looks at the candy, and picks up a $1 candy bar. Seeing that Krunch is very busy, he catches Krunch's eye, waves the candy bar at Krunch without saying a word, and walks out. Is there a contract? If so, explain.
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Discuss the elements of an implied contract. Discuss silence as acceptance. Detailed multi-paraqgrpah response provided by one of our experts! Concerning traditional business contracts, unless. .. Answer Summary Case analysis: Express versus Implied Contracts for McDougal and Krunch Is silence acceptance? Multi-paragraph essay discusses elements of implied contracts and silence as acceptance Answer Preview ...taking something without paying for it (even from a friend) is technically a violation of public policy. Concerning implied contracts, it becomes a little trickier, this is because an implied-in-fact contract is contract that needs to be interpre. .....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern