Hi Jane please keep simple and to the point thank you this teacher is weird Regardless of whether you own a business or are a stakeholder in a business, understanding basic contract terms is importan

Hi Jane please keep simple and to the point thank you this teacher is weird

Regardless of whether you own a business or are a stakeholder in a business, understanding basic contract terms is important. Businesses enter into contracts with many areas, from shipping to suppliers to customers. As a business owner or manager knowledge of these basic terms will assist you in the day to day operations of the business, regardless of the field.

See the attached document for complete instructions and grading rubric.

Unit 5 DB: Lambert v. BarronUnit 5 DB: Lambert v. Barron

Read the case of Lambert v. Barron.

• What are the most important facts that support Lambert’s position that a contract existed?
• What are the most important facts that support Barron’s position that a contract did not exist?
• Do you agree with the outcome of the case?

In response to your peers, if they disagree with your response, consider the factual assumptions they have made which form the foundation of their opinion. Can you challenge those assumptions while furthering your discussion? If your responses are similar, consider posing a hypothetical question to test your peer’s conclusions.Regardless of whether you are an attorney arguing in court or a business stakeholder pitching to shareholders or a potential client, adding support for your argument from appropriate resources strengthens your content. For this discussion board, be sure to include a citation to an appropriate source that supports the point you are making. (HINT: Your textbook is a great source!