Have read and understand the elements of a contract and the defenses to aĬontract. Since you have been taking business law, you They are very frazzled, and understandably upset that they may Know you are a student taking a business law class and come to you forĪdvice. Jim and Laura have an appointment to see a lawyer in a few days, but Money, but now feel as though they are being duped by Stan Salesman. Laura are shocked and angry as not only do they not want to spend the The $100.00 will be applied to the purchase price of the car. Insistent that Jim and Laura have contracted to buy the car therefore, To be part of the contract to buy the car. Therefore, JimĪnd Laura tell Stan salesman that they have decided not to buy the carĪnd request their $100.00 deposit back.Stan insists that the $100.00 was a deposit on the car and was meant Jim and Laura, on the way homeįrom the dealership, decided that they were not going to buy the carīecause they did not want to spend that money each month. The next day, Stan Salesman calls Jim and Laura to ask them when they Stan Salesman does not give them the receipt but guarantees that They agree to give Stan Salesman a $100.00 deposit to hold the car for aĭay. Jim and Laura particularly like the blue 4-door sedan. Shows them several vehicles and Jim and Laura test-drive several of theĬars.
$400.00 a month in car payments.Once at the car dealership, Jim and Laura meet Stan Salesman. Going to the dealership, Jim and Laura decide that they can only afford
New car, and use it to go back and forth to work and school. Did Jim and Laura Buy a Car? Worth 200 pointsHINT: See Chapters 10-14 of the text to help understand some of the legal issues covered in this assignment.Jim and Laura Buyer visit the local car dealership because they are
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