BUSINESS CONTRACT

PLEASE READ EVERYTHING IN THIS POST SCENARIO 2 : You own a new and used car dealership specializing in environmental friendly vehicle choices. You generally sell new Teslas but also sell used hybrid vehicles of all manufacturers. You have 50 employees, 10 of which are full-time and 10 of which are independent contractors. The remaining employees work less than 30 hours per week. You run the business out of a building that you own. You advertise online and in the newspaper. You have your own website that lists your inventory and prices that is updated daily. FINAL PAPERS AND FINAL EXAMINATION Part I – 100 POINTS Part II – 200 POINTS The First Part of the Final Examination shall be the submission of a full and complete BUSINESS CONTRACT for your hypothetical business that addresses certain key items. The document should be submitted in PDF format. It should be free of grammatical and spelling errors, and should include dates, clauses, and signature lines, and should overall read as if it were a cohesive complete document. It is worth 100 points. The BUSINESS CONTRACT should address the following topics based on whether your business scenario calls for particular provisions: MANDATORY ● Offer ● Acceptance ● Consideration OPTIONAL PROVISIONS ● Representations and/or warranties ● Choice of law ● Modifications ● Arbitration ● Attorneys’ fees ● Severability ● Notice ● Non-compete ● Exculpatory ● Third-party beneficiaries ● Assignment ● Delegation of Duties ● Condition precedent or subsequent ● Mitigation of damages ● Liquidated damages Your assignment will also be graded on content, completeness, and whether you complied with the requirements outlined in the Syllabus for submitting assignments including the following requirements: ● APA or MLA format and complies TU Business Writing Rubric ● Free of all grammatical errors ● Contain Page Numbers, Date, Signature lines, etc. ● The document should be an actual written contract – it should not be an essay. SECOND PART – EXPLANATORY ESSAY/PAPER The Second Part is an explanatory paper explaining why you made certain choices of what to include in the BUSINESS CONTRACT. The document should be submitted in PDF format. You will need to discuss at a minimum: (i) why you did include every concept outlined in the instructions and why you included them; AND (ii) why you chose not to include certain optional provisions from Part I and why you chose not to include them in the final contract; AND (iii) identify the offer, acceptance, and consideration in the BUSINESS CONTRACT. It should be free of grammatical and spelling errors and should overall read as if it were a cohesive complete document. It is worth 200 points. These optional provisions include: ● Representations and/or warranties ● Choice of law ● Modifications ● Arbitration ● Attorneys’ fees ● Severability ● Notice ● Non-compete ● Exculpatory ● Third-party beneficiaries ● Assignment ● Delegation of Duties ● Condition precedent or subsequent ● Mitigation of damages ● Liquidated damages The explanatory paper should be uploaded in PDF format. They should be less than five (5) pages and may be submitted with subheadings for each of the items listed above. Your explanatory paper will be graded based on your ability to justify: (i) why you did AND (ii) why you did not include those optional provisions outlined in PART I above based on the business scenario you selected in the beginning of the semester. It will also be required to be submitted free of grammar and spelling errors and should be a complete coherent document. Make sure to address all items in the list of optional provisions outlined in PART 1 above Please let me know if you have any question