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September 20, 2022

Invent a Product

LAW001 Business Law 1

Week 16 Assignment

“Invent a Product”

Read the instructions below.

Then, upload your completed project in Word only. No other formats will be accepted or graded.

Final Contract Project

Invent a product. The product is one you will market for profit. Assume the product has been developed and created and is ready for distribution. Do not concern yourself whether the product can reasonably be realized. Read the rubric (Links to an external site.) on how your final contract is graded.

Draft a contract for the sale of the product to a retail establishment. The retailer could be a department store, restaurant, hardware store, etc.

The contract should contain the necessary elements of a contract pursuant to the UCC (Links to an external site.). The Contract should satisfy the requirements of California Law. The contract should include specifics on terms such as description, price, quantity, shipping or delivery, payments, etc. You may use other sources beyond your textbook. Do not use terms you do not understand. Do not just “copy and paste” a contract you find on the internet. Make this contract yours.

Additional Information (Links to an external site.) to consider in Drafting your Final Contract Project.

Also, you are required to add at least seven (7) “boilerplate” contract provisions (Links to an external site.), along with an arbitration and attorneys fees clause.

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