I'm working on a business law case study and need a sample draft to help me learn. I need a relevant case study that can be applied to this scenario. Adam is a recent graduate from university and is an avid gamer. He has decided, very recently, that he is keen to get into the game development business. On Wednesday, he calls a novelist acquaintance and says, “Hey Charlie, I’m looking for someone to write the plot for a game. I’m willing to pay up to $400 for something that I like.” Charlie is excited, this is the opportunity he had been waiting for, and says, “Adam, I’ll be happy to do 2 something professional for you for $400.” Without waiting for a response, Charlie puts down the phone and rushes out a professional plot for Adam. On Wednesday, Charlie emails Adam the plot. Adam doesn’t like it, as it focuses too much on historical fiction, whereas he was thinking of something more in the fantasy realm. Adam sends back an apologetic email, to which Charlie replies, in all caps, “YOU SHOULDN’T QUESTION WHAT I’VE DONE SO PROFESSIONALLY. PAY UP BRO.” Identify the relevant issues relating to offer and acceptance, and give your advice to the Adam on whether a valid contract is made vis-à-vis Charlie. Quote a relevant case study and elaborate on it.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
I'm working on a business law case study and need a sample draft to help me learn. I need a relevant case study that can be applied to this scenario.
Adam is a recent graduate from university and is an avid gamer. He has decided, very recently,
that he is keen to get into the game development business.
On Wednesday, he calls a novelist acquaintance and says, “Hey Charlie, I’m looking for someone to write the plot for a game. I’m willing to pay up to $400 for something that I like.” Charlie is excited, this is the opportunity he had been waiting for, and says, “Adam, I’ll be happy to do 2 something professional for you for $400.” Without waiting for a response, Charlie puts down the phone and rushes out a professional plot for Adam. On Wednesday, Charlie emails Adam the plot. Adam doesn’t like it, as it focuses too much on historical fiction, whereas he was thinking of something more in the fantasy realm. Adam sends back an apologetic email, to which Charlie replies, in all caps, “YOU SHOULDN’T QUESTION WHAT I’VE DONE SO PROFESSIONALLY. PAY UP BRO.”
Identify the relevant issues relating to offer and acceptance, and give your advice to the Adam on whether a valid contract is made vis-à-vis Charlie. Quote a relevant case study and elaborate on it.
A valid contract can be defined as an agreement which is enforceabale by law and in this parties to the contract are legally bound. Main requirements of this contract are legality, mutual consent, valid offer and acceptance and adequate consideration. Offer and acceptance between parties are made between parties but there should be a legality binded to the contract and without legality there cannot be a valid contract.
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