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MGMT 520 Midterm Exam Set 4 Click Here to Buy the Tutorial For more course tutorials visit

1.Write a contract. List all six elements as it applies to your contract. Next, breach the agreement. Finally, assess damages. (Points : 30)

2. What constitutes a breach of contract? What are the purposes of damages? Discuss the following types of damages and their application in a breach of contract: Compensatory damages Nominal damages Punitive damages Liquidated damages Specific performance

3. In the famous landmark case of Lucy v. Zehmer, the court held in favor of Lucy. Do you agree with this decision? Why or why not? If it could be proven Lucy knew Zehmer was bluffing, would this make a difference in your decision?

4. Discuss the doctrine of respondent superior. Why do we recognize respondent superior? Do you believe the application of respondent superior is too broad or too narrow?

5. What are the sources of criminal law in the United States? Please define and present an example for each source.

Mgmt 520 midterm exam set 4