Business Law Assignment Week 4

 

Week 4 Assignment

Application: Is This Purpose Legal?

The final requirement of a valid contract is that it must be made for a legal purpose. Consider the following situation: You and Tommy made a $100 bet on the outcome of the Super Bowl. After your team won, Tommy refused to pay you the $100.

Based on the information that you have learned in your reading, write a 150-word paper that answers the following questions about the situation described above: Could you legally sue Tommy? Why or why not? Be sure to support your conclusion with facts, definitions, and/or examples. If you have not already done so, clearly explain what constitutes legal and illegal gambling. ***Please use APA formatting.  Also please use quotes from the text/resources.  Please see example of APA formatting below:
APA Textbook In-text Citations

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