Hase 2 Individual Project

Phase 2 Discussion Board

Howard Cleveland

MPM346-1202B-01

Professor Gigi M. Smith

Colorado Technical University

May 22, 2012

Primary Task Response Part: 1 (DB).

The study of contracts is a special and unique part of the law as it demonstrates one of the most consistent areas of the law, however unlike the constitutional, tort, or criminal law the contract law of has made or become different over time if any it has only merely evolved in the response to the change in technology but it does provide a certain amount of stability and predictability in business and personal relationship in which promises are made and able to be enforced (Epstein, 2008). A contract will and may vary due to the definitions and the descriptions but what is best says that it is a legally binding agreement between two or more persons as that of entities such as a business or personal reason.

As we look at implied contracts where the agreement of the parties is indicated by their conduct rather than the explicit agreement compared to the oral contracts that emanate from a business agreement, however this kind is proven to be more effective in the close-knit industries or local communities. Then we look at the Executory v. Executed as the Executory is not yet fully completed as one or more of the parties still has an obligation remaining as part of the original agreement compared to the Executed as this is the completed one.

When I look at the collective bargaining agreement that spell out the terms of the employment between a labor union or management as their concern wages, hour of work and any other terms of the employer I feel that it really can be in contrast to a personal service contracts so to speak if I am hiring that person for their special knowledge or skill that they have to carry out a project for me to be done in a certain way or detail.

As all those above contracts can be compared to any project the main two that I am looking at for my project is that of the...