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Sam Vs Chain Store Essay

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They’re four elements in contracts that are agreement, consideration, capacity, and legal object. In the contract between Sam and the chain store the elements need to prove that a valid contract exists between Sam and the chain store. Looking into these elements to examine which one applies.
The first element, agreement, would be deemed to exist if an offer exists between by one party, called the offeror, to enter into a contract and an acceptance of terms of the terms of the offer by the other party, called the offeree. Therefore, in this case the first element was met when Sam offered to deliver 1,000 units of his invention. Furthermore, we do not have information on what the terms of this offer were, such as timeline or compensation.
The second element, consideration, might be deemed to exist if the bargained for exchange, what each party will get in exchange for their promise under a contract that is set. We see in the described rundown of the case that Sam said he would deliver the 1,000 units but we lack information on what Sam could get in return for this arrangement. Sam could agree to some term in exchange for his items or he could have not shipped his items. So, in this case we can infer that the second element is also met. …show more content…
The national chain store could bring him up under the Quasi-contract. To where Sam could be assent to be bounded by that agreement and can be implied. Another thing the courts could look at is Promissory Estoppel is where a person makes a false statement to another and the listener relies on what was told to him/her in good faith and to his/her disadvantage. Which Sam had every intention to fulfill his promise to the national chain store, but was caught up not being able to do his business out of the apartment because it was stated in his lease that he couldn’t run a business out of the apartment which was causing tenants to complain about the

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