Case Activity 5: Basic Case Problems
Analyze the following Business Case Problems and answer questions pertaining to each Case Problem.
Use the basic steps in legal reasoning form “IRAC method” Issue, Rule, Application and Conclusion along with the Facts for each case.
Paper should be in APA Format along with cite/reference page. No more than 3 pages Non Plagiarism paper.
Please see below the cases and use the “IRAC” method along with Facts for each case.
Case Problem 18-5: Condition Precedent
Case: [Mike Building & Contracting, Inc. v. Just Homes, LLC, 27 Misc.3d 833, 901 N.Y.S.2d 458(2010)]
Question: Which of the two parties involved breached the contract?
Case Problem 19-4: Liquidated Damages and Penalties
Case: [Planned Pethood Plus, Inc. v. KeyCorp, Inc., 228 P.3d 262 (Colo.App. 2010)]
Question: Was the loan’s prepayment charge reasonable, and should it have been enforced? Why or Why not?
Case Problem 20-3: Spotlight on Goods and Services – The Statue of Frauds.
Case: [Fallsview Glatt Kosher Caterers, Inc. v. Rosenfield, 794 N.Y.S.2d 790 (N.Y.Super. 2005)]
Question: Rosenfield claimed that the contract was unenforceable because it was not in writing and violated the UCC,s Statue of Frauds. Is the contract valid? Explain.
Case Problem 22-5: Breach and Damages
Case: [DeRosier v. Utility Systems of America, Inc., 780 N.W.2d 1(Minn.App. 2010)]
Question: Because Utility charged nothing for the fill, was there a breach of contract? If so, would the damages be greater than $9,500? Could consequential damages be justified?