Majestino Contract Case

a) The first contract should be between the Ramirez family and Majestic Developers, inc, as they are the parties involved. (b) The consideration on the Ramirez family side is their 250-acre farm and on Majestic Developers, inc the consideration is three million million dollars. (c) What should be included in the contract should be; the parties, (2) the price, (3) the subject matter of the contract, and (4) the time of performance of the contract, also the contract should address the small fence around the Ramirez family cemetery that Majestic Developers promised to put.

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(a) The second contract should be between Majestic Developers, inc and the Riverside County as they are the parties involved. (b) The consideration on Majestic Developers …show more content…
(b) The consideration for Majestic Developers, inc was a fee of 150,000 and the consideration for Pavers-R-Us is to pave the roads that they are assigned. (c) What should be included in the contract are; the parties, (2) the price, (3) the subject matter of the contract, and (4) the time of performance of the contract. Also in the contract there should be an explanation regarding the payment for the job completed, as Majestic is going to give Pavers-R-Us a total of $150,000 however, Pavers-R-Us will get half of it initially but the other half once the job was …show more content…
(b) The consideration on Majestic Developers, inc is payment for the policy that is insuring them and on the insurance company their consideration is repairing issues that arise in the premises during construction. (c) What should be included in the contract are; the parties, (2) the price, (3) the subject matter of the contract, and (4) the time of performance of the contract, also there should be specifics to as far what coverage is offered and it’s