1 / 10

Writing and Understanding Contracts

Writing and Understanding Contracts. Dowries. In the past, marriages were carried out as legal agreements in order to create new power relationships, alliances, and to cure old feuds. A dowry was often exchanged for a bride to become wed to the groom.

nita
Download Presentation

Writing and Understanding Contracts

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Writing and Understanding Contracts

  2. Dowries • In the past, marriages were carried out as legal agreements in order to create new power relationships, alliances, and to cure old feuds. • A dowry was often exchanged for a bride to become wed to the groom. • Dowry – a process whereby parental property is distributed to a daughter at her marriage

  3. Contracts and Agreements • An agreement is a decision reached between two distinct parties. These are not legally binding. • A contract is a legal agreement reached between two parties. Breaching a contract carries legal consequences.

  4. Vocabulary • Term- the length of time a contract is in effect. • Conditions – the rights and obligations of the contracting parties. Or, what each side is expected to carry out. • Negotiation - A dialogue between two or more parties that is intended to reach an agreement. • Consideration – to be a valid contract, there must be something given up by both parties.

  5. Vocabulary • Breach – • Void – One partner does something that makes the contract invalid. • Damages – the amount to be paid if one party breaks the contract.

  6. Exercise • Student A has an undisclosed amount of money at their disposal to spend on a used car. Student B is selling the car and needs to come to an agreement with Student A. Negotiate the terms of this contract and see who can get the better deal for their money. The student who can negotiate the best deal for their money/commodity wins.

  7. Exercise • Step One: Student B describes the car to Student A. Student A makes an offer of sale.

  8. Exercise • Step Two: Student B considers offer and makes a counter offer on Student A’s conditions.

  9. Exercise • Repeat these steps in two minute rounds and reach an agreement. Record the contract on your worksheet.

  10. Quickwrite • What is the dowry for Juliet’s wedding to Romeo? Is this valuable to her and her husband? Why or why not? • What do we think the damages will be for this contract?

More Related