Discussion Assignment - Contracts

1. Retail Store sends out an email to all of its customers stating, Free tote bag and 30% off everything that fits in it, to the first 50 customers! Is this an offer or just an advertisement? What additional terms are needed to make the offer definite and certain?

2. Define what the purpose of the UCC is and how it helps businesses in the sale of goods.

3. What is the difference between an express and an implied contract? Give an example of each.

4. Find a current event on the internet involving a contract dispute between two or more businesses. Post a link to the article you read, explain what the contract dispute is about, and relate the dispute to concepts you learned in this week's chapter.