research assignment on a public policy/federal law of your choice(SOX)
February 13, 2020Charles orally promises Holly that he will marry her. He also states that if they ever get divorced, he will transfer one-half of his assets to Holly. They marry and divorce within a year. Which of the following is true of Charles’s promise to Holly? A. The promise isn’t legally enforceable unless Holly proves that the promise influenced her decision to marry him
February 13, 2020n
nnLearning Activity 4nnGeneral Instructions for Learning Activities nn· Read/watch all assigned materials listed for the week in the Course Contentnn· Cite to assigned materials in all responses in Learning Activitiesnn· Use only assigned materials to complete Learning Activities; do not use internet unless otherwise instructednn· Include in-text citations and a Reference List for in-text citationsnn· Write in correct, complete sentences, in paragraph format unless otherwise instructednn· Submit Learning Activities to Assignment FoldernnSUBMIT TO ASSIGNMENT FOLDER. nnBackground: Contracts are essential for business, and will be an integral part of GC operations, so the owners now want to focus on contract law. Each of the owners has experience with contracts in their own businesses, and appreciates the probable risks and liabilities associated with contracts.nnThe GC owners know that there are various types of contract agreements relevant to their business. For example, GC will have individual contracts with employees, independent contractors, and other agents who will represent the company. Also, GC will engage in sales contracts with other businesses, and sales contracts between businesses and consumers and clients. Furthermore, GC will use electronic contracts, or e-contracts, in conducting online business transactions.nnTo reduce risks and liabilities associated with contracts, the owners want all contracts to be written, with specific, complete, and clear terms. Contracts must define rights and responsibilities of the parties. Also, since employees and/or independent contractors will be performing cleaning services on clients’ properties, these contracts should consider bonding.nnYou, Winnie and Ralph presented draft contracts for several GC employees, including contracts for cleaners, office managers, marketing specialists, sales representatives, and IT employees.nnThe GC owners reviewed the drafts and have some questions about the contracts.nnInstructions:nnThe first questions relate to the GC cleaner-employee contract.nnThe cleaner-employee contract specifies the following terms and conditions:nn· duties to be performed by cleaner-employeenn· salary for cleaner-employeenn· work hoursnn· terms of payment for overtime or holiday work, if anynn· sick leavenn· vacationnn· training for cleaner-employeenn· length of contractnn· bonding for cleaner-employee nn· periodic performance evaluation and how it will be conductednn· termination of contract, i.e., notice of termination, etc. nnResearch, evaluate, and respond to the owners’ questions about the contract terms below.nnA. duties to be performed by cleaner-employeesnn1. What potential risks and liabilities could arise if the specific duties of cleaner-employees were not included in their contract with GC? Explain.nnB. training for cleaner-employees nn1. What possible risks and liabilities could arise related to this contract term that designates specific and required training for GC cleaner-employees?nn2. Would the risks and liabilities be greater or less if GC did not train its cleaner-employees and hired only experienced cleaner-employees? Why?nnC. bonding for cleaner-employees nn1. What possible risks and liabilities could arise for GC if cleaner-employees were not required, specifically in their contracts, to be bonded? Explain.nnFormat Instructions:nnPrepare responses to GC questions in a report, addressed to Winnie and Ralph, to be used in discussion with the Green Clean owners.nnThe report should address the questions in the Instructions above. Follow the format below.nnhttps://saylordotorg.github.io/text_business-law-and-the-legal-environment-v1.0-a/s8-introduction-to-contract-law.htmlnnhttps://saylordotorg.github.io/text_business-law-and-the-legal-environment-v1.0-a/s9-the-agreement.htmlnnhttps://saylordotorg.github.io/text_business-law-and-the-legal-environment-v1.0-a/s10-real-assent.htmlnnhttps://saylordotorg.github.io/text_business-law-and-the-legal-environment-v1.0-a/s11-consideration.htmlnnhttps://saylordotorg.github.io/text_business-law-and-the-legal-environment-v1.0-a/s12-legality.htmlnnhttps://www.nolo.com/legal-encyclopedia/electronic-signatures-online-contracts-29495.htmlnn
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