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BUS 670 (Ashford) Week 3 – Individual Elements of a Contract

ÿ BUS 670 (Ashford) – Legal Environment BUS 670 Week 3 – Individual Assignment Elements of a Contract The paper must be four to five (4-5) pages excluding title page and reference pages, following APA format. Address all of the following parts of this assignment: Suppose that the Fabulous Hotel hires you as head chef under a two-year employmentÿcontract. After two years, another hotel wants to hire you. However, in the original employmentÿcontractÿyou 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._ ÿIdentify whichÿelementsÿofÿcontractÿmust exist for this agreement to be enforceable.ÿ At a minimum, your paper must include a detailed description of the concepts of offer, acceptance, legal consideration, capacity, and legality of purpose. Is thisÿcontractÿgoverned by common law or the UCC? Why? Discuss under which circumstances this non-compete agreement would be unenforceable.