ALLIED BUS230 MODULE 7 HOMEWORK ASSIGNMENT

Homework Assignment IntroductionWelcome to the Module 7 Homework Assignment for BUS 230: Principles of Business Law I.This section prepares you to complete this assignment successfully. Please follow these instructions to complete and submit this assignment.You will create a document in either a .doc or .rtf format to record and save your work. If you have never created documents in an .rtf format, please visit the Academic Resource Center and click on Tutorials. You will then see a list of tutorials on the following page. Click on RTF Tutorial.Read the instructions carefully and review your work before you submit your assignment.Include a title page with this assignment. Your title page should follow standard APA formatting. Please view the .allied.edu/Pages/ViewPage.aspx?GroupID=189″>Title Page Example.When you are ready to submit the assignment, click the Start button at the bottom of the page to access the submission page and follow the instructions.Running head: [INSERT
TITLE HERE]

[INSERT
TITLE HERE]
Student
Name
Allied
American University

Author
Note
This
paper was prepared for [INSERT COURSE NAME], [INSERT COURSE ASSIGNMENT] taught
by [INSERT INSTRUCTOR’S NAME].

PART I
Directions: Please review
the questions below and write a 3-4 page essay analyzing each legal issue
presented in this week’s modules readings.
Please apply APA format with in text citing, reference list, and
double-space. Limit your word count to
2,000 words. Please visit the Academic
Resource Center for help with APA format.
If applicable, include arguments from
each side. If a criminal case exists,
you would present arguments from the prosecutor and the defense attorney. If it is a civil case, then you would argue
as a plaintiff and defense lawyer. Be
sure that your answers respond to the questions. Do not restate the problem in your
answer. Mention the facts where relevant to your analysis. If you
are asked for a recommendation, be sure to include one, but do not fail to
consider counterarguments. If your
answer depends upon essential information not set forth in the question, state
what that information is and how it affects your answer. If facts are missing in your argument, please
state what facts would be pertinent to each party’s case; also list any facts
or information that could potentially damage a party’s case.
Read the questions carefully and attempt
to answer each directly. Clear,
well-organized, and concise writing will be rewarded. If there are ambiguities in the questions,
discuss the ambiguity and how it impacts your answer. You may consult your text, lecture notes, or
outlines that you have personally prepared.
Submit your responses to
the following:

1. What are conforming goods? Give an example of conforming goods.

2. What does it mean for a seller to cure? How could you cure an order that a buyer was
not satisfied with?

3. Provide an example of a product that you buy
daily. What would its market price
be? Market price is a price at which
goods are currently bought and sold.

4. What is replevin? What type of item would be subject to a case
under the replevin law?

5. What is a stoppage in transit? If you were an operator of a warehouse, how
would you begin a stoppage and why?

6. What is the Magnuson-Moss Warranty Act? Why was this law created and how would it
affect a warranty lawsuit?

7. What is puffing? Have you ever been a victim of puffing? Did you realize it afterwards or at the time
it was being committed? Give an example
of puffing. Research the law in your
state. Are there any statues or court
cases related to puffing? What do those
statutes or court cases say with regards to puffing?

8. What is privity of contract? How can you determine if privity exists in a
contract?

9. What is an express warranty? What types of express warranties exist when
we purchase a car? Research express
warranties. Provide an example of an
express warranty. What does the warranty
say in layman’s terms?
10. What types of property or contracts would you
have seen caveat emptor (“Let the
buyer beware”)? Are they present in many
property or sale of home cases?

11. Berry, a merchant
and owner of a fabric store, ordered fabric from Lanny, a wholesaler.
Lanny sent the goods specifically ordered by Berry. When the rolls of
fabric arrived, Berry did not take time to inspect them. She simply
signed the order, which included a statement certifying that the goods were
acceptable, paid the transportation company the amount due for the goods, and
returned a copy of the signed order to Lanny. Later, Berry discovered
several imperfections in the material. What rights, if any, does Berry
have under these circumstances?

12. Saxby
Corporation sold goods to Scotsman.
Scotsman arbitrarily refused to pay the purchase price. Under what circumstances will Saxby not be
able to recover the price if it seeks this remedy instead of other possible
remedies?

13. McDonald,
owner of Sports Craft, a sporting goods store, contracted to purchase 200
footballs for $2,000 from the Pro Manufacturing Co. With no explanation, Pro Manufacturing
shipped 100 footballs instead of the 200 called for in the contract. McDonald had already prepaid $1,000 on the
purchase. What sales remedy or remedies
could McDonald pursue?

14. Dayton
purchased a rug from Max Floor Covering because the owner stated that the rug
was “a genuine Oriental rug.” Could this
statement be considered an express warranty?
Why or why not?

15. Jenny and
several members of her college soccer team purchased team jackets after seeing
a sample shown to them by a salesperson from the Champion Sportswear
Company. When the jackets arrived and
Jenny found that hers was quite different from the sample, she returned the
jacket to the company. The company
refused to take it back. Assuming that
Jenny is an adult, did she have the right to return the jacket?

PART II

Module 7 Journal
Assignment
Directions: Why do you think the UCC offers sellers a
chance to cure or correct nonconforming goods?
Do you agree with these provisions that allow sellers to cure or
correct? Why or why not? Please apply APA format with in text citing,
reference list, and double-space. Limit
your word count to 400 words. Please
visit the Academic Resource Center for help with APA format.