Introduction to Contract Law Webquest

 

Background: Through your life you will have to sign various contracts for things like apartment rentals, loans, credit card agreement and sports participation agreements. Some contracts will be very important and others trivial. This webquest will introduce you to the various parts of a contract, including what is needed to make the contract binding and when a contract should be in writing. You will be able to build upon this worksheet with future class material. Most importantly you will be able to apply this worksheet to your own life outside the classroom.

 

Directions: Open a blank word document. Place your name, class period, and date on the first lines of the document. Please answer each of the following questions in a complete sentence. Just key in the question number; there is no need to retype the question.

 

Hyperlinks have been provided for you to begin your online search for the answers to the questions. If you use an online source other than the one provided, please include the full hyperlink you used in your response.

 

1. In your own words what is a contract?

2. What does it mean for a contract to be “binding”?

3. Summarize, in your own words, the three key elements of a binding contract.

4. What are the age requirements for a person to be competent?

5. When is a person considered be under the age of majority?

6. Does a contract always have to be in writing?

7. What are the “Statute of Frauds” and what is its purpose?

8. The website used above lists seven examples of when contracts must be in writing.  Briefly describe at least three reasons when a contract must be in writing.

9. From reading the articles on the various website's visited through out this worksheet please tell me what you feel are the two most valuable parts of a contract and why you think these are most important.

10.  Look at your response to #3.  Using a chart, table or other visual aid, create a handout on a separate page to summarize the three key elements of a binding contract.  Make it attractive, use a variety of fonts, colors, graphics, etc.  (Hint:  To easily create a new page in Word, go to the end of your document and hit CNTRL + ENTER at the same time)


Contract Law-Webquest

Evaluation Rubric

 

 

Criteria

Acceptable

Needs Improvement

Format

Student has included the number and question before each answer. Student has keyed their name, class period and date at the beginning of the document . (4)

The student has not included the number and question before each answer. The student has not included their name, class period, or date at the beginning of the document.  (1,0)

Mechanics

No grammatical, spelling or punctuation errors. (4)

1 or more errors.

(0)

Answers

Answers were in full sentences and were based on the websites provided. (if not from given websites, then a URL has been provided) (10)

Answers were not in full sentences and the answers did not come form the websites provided OR no URL was provided for other websites used. (6-2-0)

 

Guidelines

The student followed all directions to complete the webquest. (2)

The student did not follow all directions to complete the webquest. (0)

 

 

Name________________________________ Total Points_____/20 Possible Points