2. Most chain-style business franchises have franchise information on their website. Find this
information for two restaurant chains that primarily sell a similar product, e.g. ice cream,
pizza, sandwiches. Compare the 2 franchise offers using the same 3
1. You read that the Federal Trade Commission has a rule that requires franchisors present
prospective franchises with the material facts necessary for the franchisee to make an
informed decision about entering a franchise relationship. Find the Federal T
3) Luther Ringer, operates a successful bell manufacturing business, Ringers Zingers, Inc.
Business has been so good that he recently hired a commissioned salesman, Rufus, to sell the
bells for him. Rufus had long been employed by one of Luthers competito
2) Mareena Estevez owns Sweet Smelly Goodness, Inc., a company that manufactures aerosol
home air fresheners for sale at major department stores. For the holiday season, Mareena
purchased floor space at the Dayton Mall Macys store, set up a small stand to
1) Wiley Pete owns and operates Wileys Nature Reserve & Animal Park as a sole proprietorship.
The park consists of 100 acres of wooded terrain filled with hiking trails and animal pens that he
advertises as a family-friendly learning adventure. Wiley runs
4) Simon Phung owns a company that produces chemical compounds, ChemCorp, and makes
money by selling these compounds to goods manufacturers like Procter & Gamble. ChemCorp
hires agents to purchase the base chemicals it combines into the compounds at its p
6) Suzy Sawdust owns a general contracting business that regularly performs remodeling work
for local homes and businesses. She owns the vehicles and tools used for the work. The vehicles
are all clearly marked with her business name, Build-It-Big, Inc. a
5) For each of the following circumstances imagine that you are the principal. Identify and
explain what method or methods of agency termination discussed in Chapter 19 that you would
use to terminate the contract in each circumstance. Explain why.
2. An adoption service, Cosmos Creations, sets up a surrogacy agreement with
Skylar, a young, single mother of two healthy children. Skylar does not read any
terms of the contract because she is dazzled by the initial payment of $5,000 she
3. For the following scenarios, identify whether the alleged misrepresentation is innocent,
negligent or fraudulent. Remember to define the type of misrepresentation, apply the definition
to the facts, and reach a conclusion.
a. When Vanessa signs a lease
4. For the following scenario, explain whether the contract is unenforceable due
to duress. Remember to define the legal principle, and explain how you reached your conclusion
by applying the facts to the law.
When Alexia graduated from OSU with a degree
1. For each of the following agreements, explain fully:
a) whether the mistake was mutual or unilateral;
b) whether the mistake involved a material term of the contract;
c) whether the fairness of the situation would be grounds for arguing that
2. When Jasmine, age 17, gets her first paycheck from her first part time job, she runs out
shopping and spends it all purchasing the following items:
b) Tickets to a concert
c) Athletic shoes required for gym class (required for graduation fr
5. When Alex lands his dream job as a commissioned sales representative for a national
company after graduating, he is asked to sign a bunch of forms in the HR department and is
only given 15 minutes before he needs to run to his next step in the orientat
3. What if she keeps the car until she is 18, and makes monthly payments, then what needs
to be done to ratify the contract? Under what circumstances would Chelseas mother be
liable for the car contract?
Ratification of a contract is once a person reaches
6. Kevin decided to start a small business conducting childrens parties in a renovated school
bus that are held in the driveway of the childs home. Different activities are available for
different party themes, but all include active play that could resul
7. Many businesses are now including a mandatory arbitration clause in their contracts to
avoid going to court if a dispute arises with their customers. If a consumer wants to be able
to sue a business in regular court instead of going to arbitration wher
4. Explain whether each of the following contracts are unenforceable, and if so, identify
the public policy reasons why.
a) A two-week loan of $200 with an interest rate of 365% APR
b) The purchase of a slot machine for gambling at a neighborhood bar.
1. Watch the video above to answer this question. Define capacity and discuss whether
Della and Perry had capacity to enter into a contract. State the rule in the text from the
Restatement of Contracts regarding when a contract can be disaffirmed and expl
Business Law Week 4 Discussion Questions
1. a. The punishment associated with a felony is more than one year in jail or
death. The punishment associated with a misdemeanor is a fine and/or
imprisonment for less than a year. A felony is a serious crime suc
Business Law Discussion Week 2
1. Assume that Della and Perrys business is incorporated in Ohio and they do all
their work in Ohio.
a. In personam jurisdiction is a courts power to render a decision affecting the rights of
the specific persons before the
Business Law Week 3 Discussion Questions
1. a. Ohio Consumers Council
The Ohio Consumers Council is an independent, state agency, which represents Ohios
residential consumers in matters related to their investor-owned electric, natural gas, telephone,
BUSINESS LAW WEEK 6 DISCUSSION QUESTIONS
1. a. Trademark a distinctive mark, word, design, picture, or arrangement that a producer uses
in conjunction with a product and tends to cause consumers to identify the product with the
If Della and Perr
Business Law Week 1 Discussion Questions:
1. A: This scenario classifies as private law because it is between a private
individual or group. This is also civil law because it involves the rights and
responsibilities between persons. The purpose of law tie
Business Law Week 7 Chapter 10 Discussion Questions
1. Illusory promise A situation in which a party appears to commit to
something but has not committed to anything. It is not a promise and
thus not consideration.
Stefano has not committed illusory promi
Business Law Week 8 Discussion
1. Capacity The legal ability to enter a binding contract.
Della and Perry did not have capacity to enter a contract because they were
both intoxicated. As a general rule, most states follow the Restatement of
BUSINESS LAW Week 5 Discussion
1. Our textbook helps differentiate criminal law from tort law by stating, Although the primary
objectives of criminal law are to punish wrongdoers and preserve order in society, the primary
objective of tort law is to provi
Business Law Week 9 Discussion Questions
1. Mistake An erroneous belief about the facts of a contract at the time the contract is
concluded. When a mistake occurs, legal assent is absent.
Unilateral mistake The result of an error by one party about a mate
Business Law Week 7 Chapter 9 Discussion Questions
1. Bilateral contract A promise exchanged for a promise.
Unilateral contract A promise exchanged for an act.
The most common unilateral offer is a reward. (textbook, 177)
Therefore, this scenario is class
1) What are the key attributes of the policy? What ideals or key values is the
company trying to accomplish?
Per the PNC Bank website, the key attributes of their policy are their commitment to
their customers, compliance with laws and regulation