Course Project Part III In the final unit of our book, we covered contracts-ever

Course Project
Part III
In the final unit of our book, we covered contracts-everything from types and requirements to breach and remedies. Thus, in this project, you will create a contract using Power Point slides. Read all of the instructions first; then, look at the scenario that has been included for you.
GENERAL INSTRUCTIONS
Prepare a Power Point Presentation (no Word doc and no PDF) that discusses each element that you would include in a contract for the building of a home.
You do NOT include the concepts that lead to contract creation. This means you do not include offer, acceptance, bargaining or meeting of the minds. What we are looking for actual contract terms.
The elements that you must include are in the checklist that appears below the Course Project module.
Each element is discussed in Chapter 20 of your textbook. Sufficiently explain each element. State how each element is met by the facts given. Merely giving the element and defining it won’t satisfy the project’s requirements.
For example, if you use the element of Modification, the title of the slide would be “Modification.” Using bullets, the content would define what Modification is. See page 464 (or Section 20-2b) to see the definition & description you could include. Once you define it, apply facts from our fact pattern that customize the element for our contract.
Use the checklist in the module (scroll down) to help you identify what must be included in your contract. You may add terms that you believe are necessary. You may also assume or create facts that you believe are necessary to complete the contract. Be certain you state on that checklist what terms or facts you added or assumed.
Use the sample contract that is in this module (scroll down) to assist you. NOTE: The sample is just one example of what a contract of this nature would include. It is included to show you how one might lay out such a contract. IT IS NOT CUSTOMIZED FOR YOUR PROJECT. So, do not rely on it to successfully complete this assignment.
FORMAT
Prepare your project using a legible font and typeface. You may use animations, pictures, images, etc.; the design is up to you.
Each element should be in the order that it would appear in a contract. Each slide should be titled with the element.
Your slides must not be in essay format. Use bullets to keep your points brief.
Use a minimum of 1 slide per element.
Your first slide should have your name, Project number, and title “Contract for Services” on it. Your last slide should be the closing.
SUBMISSION
To submit your assignment, click on the “Course Project Part III” link above. You may also access it by clicking on the “Assessments” tab at the top of the screen, then select “Assignments.” From there, select the “Course Project Part III” assignment. Your subject line should state “Your First Name Your Last Name Course Project Part III.” Above the text box, you will find a dialog that says, “Add a File.” Use that to upload your Power Point.
The checklist MUST be submitted with your project. This checklist must be marked off and any additions or assumptions must be stated.
DUE DATE. This is due at the end of the semester. Be certain to review your course module, myCalendar, and your Course Schedule. You should begin work once Chapters 11 and 20 are reviewed. If you want your instructor to review it and provide feedback, you may email and ask her to review 48 hours before the due date. If you do edit your work, make sure the one you want graded is marked “final” in the subject area. As with the other submissions, this project is worth 100 points. Emailed projects will not be accepted for grading. They must be submitted via the Assignment Tool.
REMINDER. This is not a group project. You must complete this project on your own, using the materials that have been provided for you.
SCENARIO
After successfully rehabbing the Peace Cross and beautifying the area around it, Brady and Roger received an influx of business inquiries. New customer calls came in for them to build, renovate and make beautiful spaces. With each new customer, contracts were required. One day a new client came in to inquire about the building of a state of the art home and fortress. It was an unusual request, but Roger felt they could meet the customer’s goals. Their business is based in Cloud City, Maryland, which is about 20 minutes from the client’s prospective home.
The customer’s name is Rey Skywalker. She lives in Coruscant, Maryland. But, she wants Brady and Roger of Old Time Restorations to build her a fortress in Tatooine, Maryland. She wants the fortress to resemble an igloo with exterior walls made out of adobe. Obviously, adobe houses aren’t common in Maryland. Rey has a vision of a rustic, but state of the art house that will protect her from the elements. She wants a home that will give her a sense of being “one with nature.” She wants the fortress built in the mountains, overlooking the Chesapeake Bay. Assume that all permits, engineering studies, and licenses have been approved. The plans for the fortress are complete. She wants the house to use barn doors for interior closures; quartz counter tops; solar lights and a metal roof. She wants jewel tone colors of red, gold, and green for her interior colors. The walls should be made of stucco and the ceilings must be flat with ceiling fans installed. She wants radiant heat floor heating, water sourced from the bay, an indoor pool, and an indoor herb garden. She also wants a room that is sound proof with trampoline flooring so she can practice her light saber skills. Of particular importance, she wants a large white cross in the center of her living room wall. She says it needs to look like the Peace Cross because she had family members who served in that war. It is important that her parents’ names are engraved on the cross. Roger and Brady are confident that they can make this cross happen because of their recent renovation and repair of the cross.
The jurisdiction is Maryland. The project must be completed in 9 months. The complete price for the project is $3.2 million. The contract date is June 22, 2022 and completion must be made by March 22, 2023. For each day that the project is not completed, $5,000.00 is reduced from the contract. It doesn’t matter if weather, delivery or technology prevents completion. However, an act of God would not cause this clause to kick in. Time is of the essence because Rey wants to welcome Jedi friends to her new home for a fall harvest celebration. Any customizations or changes to Rey’s wishes must be put in writing. If there is any dispute, the parties have agreed to use binding arbitration.
Course Project Part III
Contract Checklist
This checklist must be included with your submission. You may download the attachment for ease of submission. You may make it part of your PowerPoint at the end if you wish. The provisions below are the minimum of what must be included in your paper or Power Point. The additional provisions may be added at your discretion.
Title
Introduction Paragraph
Definitions
Covenants (hint: look at the special demands of the customer; what contractors were asked to do)
Representations and warranties (hint: all licenses and permits are in place)
Choice of law and forum (hint: jurisdiction)
Modification
Arbitration
Time of the Essence
Integration
Force Majeure
Closing
Additional provisions that you may wish to include?
___________________________________
___________________________________
___________________________________
___________________________________
___________________________________
Any facts that you assumed or wrote in? Type them here.
I WILL GIVE CHAPTER 20 LEARNING CONCEPTS- WILL UPLOAD SEPERATELY

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