I am so kinking about this assignment, academic analysis about contract Controversy, use textbook...

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I am so kinking about this assignment, academic analysis about contract Controversy, use textbook reference only (Must has Case, Act) APA format, I need a expert whoProficient Australia Business Law. I have the textbook call "Business law 2013,Andy Gibson,Douglas Fraser"7th edition, if you can handle it honesty,if not plz tell me. Then I will continue attach approximate 30pages textbook online later.Thank u. Each question 750 words average. Total 1500
	
Document Preview: Semester Two, 2013Assignment Topic Due Date:  (Week 8) Friday 13th of September 2013 at 23:55pm.You should submit your assignment and coversheet via UBonline.  Your Assignment should be in MSWORD format and the signed coversheet should be in PDF format as a separate file. Each submission will then consist of two files. Please ensure both have your UB student number in your file name. Dr. Doe (Doe) is a well-respected scientist who has just won the Nobel Prize in medicine for his work in developing a highly effective drug to prevent the common cold. He has recently been engaged in extensive negotiations with Francis Stein (Stein), the president of the Giant Drug Company (Giant), a pharmaceutical company that is interested in marketing the new drug.On May 1, Doe signed and sent Stein the following letter:I will accept a position as vice-president in charge of research for a period of four years at a salary of $500,000 per year.(s) DoeOn May 3, Stein received Doe’s letter and called Doe and stated:“Your salary request is too high. Will you reduce it to $300,000?” In the phone conversation, Doe replied:“Your response is insulting! I am far too good a scientist to work for so little! That’s as low as I can go.”Outraged by Doe’s flip answer, Stein immediately sent the following letter to Doe:I resent your statement. I am no longer interested in hiring you.(s) SteinLater in the day, Stein changed his mind, and decided to agree to Doe’s demands. Stein then sent a properly addressed, stamped express mail letter to Doe stating:“Accept your terms, although I wish you would reconsider a lower salary.”(s) SteinOn May 4, Doe’s secretary received Stein’s express mail letter of acceptance and placed it on his desk. Stein’s first letter had not yet arrived. Before reading his mail on May 4, Doe secured a very lucrative contract as research director with MARK Drugs, a competitor of Giant. Doe immediately called Stein and stated:“I just agreed to work for MARK...

Robert · Accepted Answer

a) Draft a memo fully analysing and discussing why there is or is not a valid contract. 
MEMO 
To: Francis Stein 
From: (    ) 
RE: Whether a valid contract exists or not 
Date: September 26, 2013
Question Presented 
The question presented as from your side presents a scenario of a contract and the 
validity of it under the Contract Act.
Short Answer 
    As per the case presented and the essentials of the contract act, there is no validity 
of the contract because
Facts 
   As referred in the case, Dr. Doe is well respected scientist who was recently 
awarded a Nobel Prize in medicine for his work in development of a highly effective drug to 
prevent the common cold. After extensive negotiations with you, it was found that Dr. Doe 
had signed the document whereby he has expressed implied terms and negotiations for offer 
that he will take charge of research for a period of four years at a salary of $500,000 per year. 
Upon further negotiations, Dr Doe did not approve the offer and neither rejected it but 
expressed a view that he does not deserve the offer proposed. Firstly, you had denied 
accepting his offer and then further accepted it and sending both the denial and acceptance 
letter the same day. The acceptance letter was accepted by the secretary but the denial one 
was not. And when the further conversation strikes between you both, Mr Doe had already 
accepted a lucrative job offer whereas as per your point, then you had accepted his 
acceptance. (Stein V Doe, 2013)
Discussion 
  In order to prove the essentials of the valid contract between you and Mr Doe, I 
would draw your attention towards the elements of the validity of a contract. In order to start 
the contract, the first and foremost essentials are agreement that consists of offer and 
acceptance. Later on, parts like consideration and legal consequences strikes. In the case 
described, the offer with implied terms and offer was made from Dr. Doe stating clearly that 
he would like to work for a certain consideration for a given time period with you (Gibson & 
Fraser, 2013). Thus the terms were implied, expressed, written and binding on the contract. 
Upon the same, you had proposed a counter offer to Dr. Doe with a proposal that you would 
like to offer him $300,000 which was lesser than the amount quoted by him. As per the 
contract act, rejection dwells in the position where the counter offer is made by the party 
which is also stated in the case of Hyde v Wrench. (LAW Nix, 2013) Moreover, the further 
parts of the case which states that Dr. Doe was not interested in your proposal and intimated 
you that such compensation was an insult to his achievements and he would not work for 
such an amount. This clearly stated that the contract was not valid from his end and he did 
not express any interest in your counter offer. (Gibson & Fraser, 2013)
  Further, you had accepted his offer and sent him a written approval during which Dr. 
Doe was already contracted by MARK Drugs,

I am so kinking about this assignment, academic analysis about contract Controversy, use textbook reference only (Must has Case, Act) APA format, I need a expert whoProficient Australia Business Law....

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