Answer) The element of contract law are:
1) Offer- In this one of the party make a promise to do some task in the future. That is one party make a offer to do some work for them in the future.
2) Consideration- On completion of the work given that is offer task is completed then in return some value is given to completion party. The value can be in the form of money or effort. Consideration induces the parties to maintain the contract.
3) Acceptance- The offer can be accepted through terms of the offer and acceptance contract is done. One party sign the contract of acceptance of the offer.
4) Mutuality- This means that both the parties agree to the basic terms of the contract which can be done through a meeting between the members of the parties.
The importance of "terms of services" for online providers.
1) Own Your Content- We can prevent our content such as logo,patent and so on to be copied by others. In the terms of services you can tell users copying content can lead to copyright
2) User rights and responsibilities- Terms of services contains a section pertaining the user right such as proper use, membership, subscription and payment details. It also help in preventing abuses from the users.
Example- In 2011 Sony Corporation took court action and taken George Hotz him to court for violating the terms of services of the PlayStation Network.
discuss the element of contract law and explain the importance of "terms of service" agreements for...
MGT345 Business law Week 2: Assignment 1 (Analysis) Instructions: Read the following information. Then submit a minimum 500-750 word analysis of the questions presented. Proper APA formatting should be followed. Issue: Online retailers and service providers frequently have a variety of agreements that consumers must consent to, including purchasing terms, privacy policies, etc. Consumers or site users typically must click a box indicating their agreement to the terms listed. Address the following issues: Using what you know about the required...
Please discuss and explain the importance of intellectual property law. Please explain the basics of patent law, trademark protection, or copyright protection.
Explain the difference between service-learning and community service. Give an example of each and discuss your personal experience with either or both.
Explain the importance of including Payment provisions in a contract and list and explain the risks that may arise if it is not included in the contract. (16 marks)
(Business law) Define the terms "contract" and "consideration".
Discuss and explain (The shift toward a service economy.) and (The role and impact of social media.) of the contemporary management challenges. Provide an example of each from either your own experience as an employee or from one that you have researched online.
Contract Analysis Assignment Have you ever clicked a box accepting the terms of service to use software or an app on your computer? Did you read it before clicking? Locate and read a business contract—a mobile phone service agreement, terms of use for software or use of digital apps are examples. Many examples are available online. Write an introductory summary of the document you have selected. This should be one or two paragraphs and include the following information. How long...
(Business Law) Discuss the importance of having contracts in today's market economy.
discuss the following under contract law: · The concept of “Assignment” · Discuss your experiences or the experiences of others with Assignment.
Do you think that "terms and conditions" agreements that you click on when using software and online services (like amazon, itunes, netflix etc.) are enforceable as a contract? Why or Why Not? Please use outside sources to inform your opinion. Please also be sure to respond to two classmates regarding their posts per the Discussion Board policy listed in the Syllabus and as outlined in Rubrics and Course Activities within the Course Information folder.