Describe and analyze the five elements of a contract that must exist for this agreement to be enforceable. Explain why this

 

Suppose that the Fabulous Hotel hires you as head chef under a  two-year employment contract. After two years, another hotel wants to  hire you. However, in the original employment contract you signed with  the Fabulous Hotel, the following paragraph appears:

“The below-signed agrees not to work as a chef for another hotel in  the same metropolitan area for a period of two years after leaving our  employ.”

  • Describe and analyze the five elements of a contract that must exist for this agreement to be enforceable.
  • Explain why this contract is governed by common law or the Uniform Commercial Code (UCC).
  • Examine at least two circumstances in which this non-compete agreement would be unenforceable.

Submit a four- to five-page paper (not including title and reference  pages). Your paper must be formatted according to APA style as outlined  in the approved APA style guide and must cite three scholarly sources in  addition to the textbook

  

Please read the following chapters in: Business law for managers:

  • Chapter 5: Administrative Law
  • Chapter 9: Contracts, Part I: Introduction and Formation
  • Chapter 10: Contracts, Part II: The UCC
  • Chapter 11: Contracts, Part III: Risk of Loss Rules, Negotiating
  • Contracts, and Working with an Attorney

  

Seaquist, G. (2012). Business law for managers [Electronic version]. Retrieved from https://content.ashford.edu/

  • This text is a Constellation™ course digital materials (CDM) title.
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