1 CONTRACT LAW Contract Law Analysis Ancelot Augustin Southern New Hampshire University Professor Nanci Carr February 21, 2024
2 CONTRACT LAW The four elements of a contract are an agreement, consideration, contractual capacity, and legal object (Kubasek et al., 2023, pp 330). Kubasek et al. (2023) state that in an agreement, there must be an offer and acceptance; consideration is what each party receives out of the agreement; contractual capacity refers to the ability to agree; the legal object means the contract must not be illegal or pose a threat to public policy, it must be enforceable. A contract must have all elements to be valid. After reviewing the Friendly Dawg scenario, I found the contract valid. Dave's deceased father initially signed the lease agreement, and the business was only a retail pet supply store. All the elements of a contract have been offered and accepted. Dave took over his father's business after his death. However, he did not sign a new lease with the landlord. However, the landlord, Lou, was able to transfer the lease property to Dave, and he took ownership of his father's property(Kubasek et al., 2023, pp1218 ). The landlord is the offeror, and Dave is the offeree. There was an offer and acceptance of the offer; the consideration is that Dave will pay rent to the landlord for rental space. Contractual capacity refers to the ability to agree to the conditions of the contract, meaning the parties are of legal age and mentally stable to enter into a contract. Both the landlord, Dave's father was of age of consent. The legal object means the contract must not be illegal or threaten public policy. It must be enforceable(Kubasek et al., 2023, pp330). Both landlords and tenants have rights and responsibilities (Kubasek et al., 2023, pp. 1206). The landlord, Lou, has the right to receive rent payments on time and receive
3 CONTRACT LAW reimbursement for the tenant's waste. The contract was in breach because Friendly Dawgs refuse to pay rent because of the issues with air-conditioning system. The landlord claimed it was not his job to care for live animals, and the air conditioner was not supposed to be in that area of the building .. But tenants have the right to comfortable, enjoyable, quiet, and peaceful environment. The tenants also have the right to make maintenance repair requests while in possession of the property.(Kubasek et.al, 2023). The contract was in breach when the landlord refused to replace the air conditioning system. After analyzing the scenario of Sunshine Yoga and landlord Lou, I noticed no written contract between them. After meeting landlord Lou, Jasmine, the Sunshine Yoga owner, was offered a space to rent. As stated above, there are four elements of a contract. The elements are an agreement, consideration, contractual capacity, and legal object (Kubasek et al., 2023, p 330). All four elements must exist to have a contract. Landlord Lou was the offeror, and Jasmine was the offeree. In an agreement, there must be