Critical Analysis Paper
Critical Analysis Paper
Critical Analysis Paper
Veronica Davis
BUS 311
December 22, 2014
Instructor Timory Naples
Critical Analysis Paper Thomas was a friend of mine that was in a rental agreement on an apartment that he lived in.
He signed the contract knowing the five element of the contract. He had the intention to create a legal relationship, he understood the offer, he gave an acceptance, he knew the consideration, and they both met the capacity of the contract. Knowing that he had signed a rental agreement to live in the space provided, but where he was working at had closed down and he was in a city that he did not know. The only reason he was up there was for a job, so he went back to his home town leaving the apartment. He knew that he broke the contract by leaving without notice and not paying rent when he was not living there. His intentions were to live there while he was working on managing a store for a friend that had recently started a company. By him going to the rental office of the apartment complex, He knew that he had the intention of drawing up a contract with the managing group of the complex. He knew that if he were to break the contract that he would have to pay for the months that the apartment was not rented out to another tenant, along with fees fixing up the apartment to get ready to rent out again. “A contract is a legally enforceable agreement. As this definition implies, a contract comes into existence from the voluntary assent of two or more individuals to enter into a legally binding agreement.” (Rogers,
2012).
So the offer is that he is to pay the price of a one bedroom apartment monthly for one year.
He is to pay on the first of the month of every month that he is renting the apartment from them.
There are late fees if he is to pay 3 days late then more late fees if he is to be late for a week. If there is agreement on the contract then he would be obligated to pay. But, it also stated that
Critical Analysis Paper
Veronica Davis
BUS 311
December 22, 2014
Instructor Timory Naples
Critical Analysis Paper Thomas was a friend of mine that was in a rental agreement on an apartment that he lived in.
He signed the contract knowing the five element of the contract. He had the intention to create a legal relationship, he understood the offer, he gave an acceptance, he knew the consideration, and they both met the capacity of the contract. Knowing that he had signed a rental agreement to live in the space provided, but where he was working at had closed down and he was in a city that he did not know. The only reason he was up there was for a job, so he went back to his home town leaving the apartment. He knew that he broke the contract by leaving without notice and not paying rent when he was not living there. His intentions were to live there while he was working on managing a store for a friend that had recently started a company. By him going to the rental office of the apartment complex, He knew that he had the intention of drawing up a contract with the managing group of the complex. He knew that if he were to break the contract that he would have to pay for the months that the apartment was not rented out to another tenant, along with fees fixing up the apartment to get ready to rent out again. “A contract is a legally enforceable agreement. As this definition implies, a contract comes into existence from the voluntary assent of two or more individuals to enter into a legally binding agreement.” (Rogers,
2012).
So the offer is that he is to pay the price of a one bedroom apartment monthly for one year.
He is to pay on the first of the month of every month that he is renting the apartment from them.
There are late fees if he is to pay 3 days late then more late fees if he is to be late for a week. If there is agreement on the contract then he would be obligated to pay. But, it also stated that