Sam wants to sell his stereo system because one side of his amplifier occasionally doesn't work properly and the cost of repair is so high that Sam wants to get a new stereo. Otherwise, it works well and the sound quality is very good. Sam places an advertisement in the newspaper and Bob comes to look at it. Bob tries it out and likes what he hears. The following conversation then takes place Bob: Sam Bob: Sam: How does it work? Listen for yourself. Isn't that sound great? Yes it is. Have you ever had to have it repaired? If's never been repaired it's just as it came from the factory. Try the CD, the cassette tape and the tuner. You'll see they all work Bob spends an hour or so playing and testing the stereo system. Sam and Bob then negotiate a price. Bob pays and takes the stereo home only to discover the problem. Bob wants to get out of the contract. Discuss whether Bob can get out of the contract and get his money back. 9. Ethics & Policy Do you agree that alert individuals who purchase valuable domain names should be able to sell them to the highest bidder? If so, in all circumstances or only in certain circumstances? 10. Consumer Law Why was consumer protection not part of the law of the United States until relatively recently? Have consumer protection laws become too strong? Do they ham businesses? ADDITIONAL BONUS QUESTIONS 1. What are the good and bad aspects of relying on precedent to decide current cases? Give an example of precedent that either was not followed in the past, or should not be followed in the future. How much leeway do judges have in deciding whether to follow precedent? How much leeway should they have? 2. Outline an aspect of the course assignments that resonates with you and that you will use in your work life.