Business Contracts

Introduction

Lesson Objectives

9.3.12.BM-OM.1.1 [1] Identify and describe the critical components of a business contract.

9.3.12.BM‐OM.1.1 [2] Prepare a service/goods contract, including all elements for a valid, enforceable contract (i.e. time is of the essence.) (e.g. Hadley v. Baxendale.)

Slides/Resources

Guide to business contracts: templates & examplesIn this guide to business contracts, explore business contract templates and examples for small and growing businesses.

5 Types of Damages for Breach of ContractUnlock the secrets of contract disputes with a deep dive into the 5 types of breach of contract damages. Equip yourself with the knowledge needed to protect your rights and assets.

Business Contracts: The Ultimate GuideLearn all there is to know about business contracts, including their 25 common types. Find out how to create and manage them efficiently.

Types of Contracts in Business Wheel

Common Clauses in Business Contracts Wheel

Student Activity

Types of Business Contracts- What Elements Should We Include?

LawReview15_2_lesson_plan.pdf

Damages in contract

What Is a Simple Bill of Sale? | WrikeA simple bill of sale is a document that transfers the ownership of a good from one person to another. Here’s how to write a bill of sale.

Bill of Sale Activity

https://eforms.com/bill-of-sale/

When you get to the last step and it shows you your draft for your Bill of Sale, DO NOT CLICK ANYTHING!

You need to take a Screenshot of the draft and attach for credit. If you click Print or Download or Share your will be asked to sign up and then you will lose your progress.

Sales and Purchase Agreement (SPA): What It Is, With ExamplesA sales and purchase agreement (SPA) is a legal contract that outlines the terms of a transaction and binds an agreement between a buyer and seller.

Sales and Purchase Agreement Activity

https://eforms.com/purchase-agreements/

In this activity, you will write a purchase agreement for a piece of property. Use www.zillow.com to identify a property that interests you and write up a mock purchase agreement. You can fill in any of the prompts as if you are qualified for the purchase. If you do not understand any of the elements, use your good friend Google to get a better understanding.

Again you will want to take a screenshot of the draft and attach it on Google Classroom. Do not try to go past the draft or you will lose your progress.

*EdPuzzle