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Considering the concepts in Module 4, read the following hypothetical situation and draft a legally enforceable contract given the facts in the summary. Your project is to draft a legal contract with terms that both the buyer and the seller can agree to. Format Format: Type your assignment and use full sentences rather than bullet points. In addition, keep the length of your contract to no more than 4 pages. Use MS Word, one-inch margins and 12-point Times New Roman font (double-spaced) and APA format for citing references (Refer to: Use of References/Sources: Use primary, legitimate sources for your research (i.e. major news websites, newspapers, journals, books, etc.). Some examples are Newsweek, N.Y. Times, Washington Post, Forbes, BusinessWeek, etc. If you have any concern whether a source is legitimate then either check with the instructor, campus librarian, or do not use it. Do not use Wikipedia as a primary source. Scenario You own a small business called “Fur-Ever Champion Show Dogs” and your beloved German Shepherd dog, Generous Offer, has just given birth to a litter of purebred puppies. You would like to sell the puppies for $2000 each. You know you need to have each buyer sign a contract so that there will be no misunderstandings in the future. Mr. Snoopy Dogg wants to buy one of your puppies. Mr. Dogg eventually intends to show this dog in the American Kennel Club (AKC) Championship Show and wants your guarantee that the dog will do well and win prizes. He insists that he will not buy the puppy unless you can guarantee him that the puppy will win prizes. Create a contract in which you sell one of the purebred puppies to Mr. Snoopy Dogg for $2000. It is a brown, male dog, named “King of Contracts.” Young male dog, black and brown, lays on the grass His litter registration number is 02-500. His Sire is “Legal Star”; registration number 5544332. His Dame is “Generous Offer”; registration number 9977886. Keys to Success with This Contract You may use any sources you can find, including any sample contracts you might locate on the Internet. This is the one time that you do NOT have to worry about plagiarizing work…lawyers use samples from other lawyers all the time. BUT you do have to make the sure the contract is legal and enforceable, and contains all the terms that both you and Mr. Dogg want. The key to success with this contract is to remember that parties can agree to any terms they want (as long as they are legal) and the buyer of this dog wants a guarantee that the dog will win prizes. There are many considerations in drafting this contract including: What guarantees are you, as the seller, willing to provide to the buyer? What will you do if the dog does NOT win any prizes? How do you limit your liability and protect your business? How will you resolve disputes (if any) arise (as part of the contractual terms)?


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