A. Various elements must be present to prove that a valid contract exists between Sam and the chain store.The four elements to a contract are _____________. (Chapter 13)The first element of _____________ would be deemed to exist if [describe facts that are or should be present].The second element of _____________ would be deemed to exist if [describe facts that are or should be present].The third element of _____________ would be deemed to exist if [describe facts that are or should be present].The fourth element of _____________ would be deemed to exist if [describe facts that are or should be present].If the elements of a contract did exist between these parties, there could still be some possible reasons why a contract might not be valid based on facts not present in the scenario. For example, if Sam was a minor at the time he made the agreement with the chain store, the contract would not be valid because _____________. List some other reasons and elaborate on why a contract might be invalid.Discuss and explain any other information you deem relevant to this answer.(Chapters 13, 14, 15, and 16)B. Even if there is not a valid legal contract between Sam and the chain store, there may still be a quasi-contract (Chapter 13) or elements of what is called a promissory estoppel. (Chapter 15)A quasi-contract is defined as_____________. In this case, a quasi-contract may exist if the following facts are true: _____________. (Chapter 13)A promissory estoppel is defined as _____________. This principle might apply to this case if _____________. (Chapters 13 and 16)Discuss and explain any other information you deem relevant to this answer.C. The rights and obligations of both the landlord and tenant depend upon the term of their contract. Such a contract may be verbal or in writing under a standard residential lease agreement. (Chapters 13 and 50)Some facts that may support that Sam is in breach of that contract are _____________.Some facts that may support that Sam is not in breach of that contract are _____________. (Chapters 16, 17, and 50)Discuss and explain any other information you deem relevant to this answer.D. Based upon those rights and obligations, Sams landlord has/does not have grounds to evict because _____________.Elaborate and explain.E. Some defenses Sam might raise if his landlord tries to evict him include _____________ because_____________.Elaborate and explain for each reason offered. Discuss and explain any other information you deem relevant to this answer.(Chapters 13, 14, 15, and 16)

Scenario and AssignmentYou are a junior analyst in the Compliance Division of the First National Bank of Raccoon City (“FNBRC”). The Raccoon City Gazette has recently exposed a purported scheme of corruption and fraud by the Umbrella Corporation, utilizing numerous shell companies and sham accounts and transfers at FNBRC. The accounts and transfers are allegedly part of a bribery and money laundering scheme in which at least a dozen mid- and lower-level FNRBC employees knowingly participated for personal gain, including kickbacks from Umbrella as well as internal FNRBC employee incentive bonuses for opening accounts and closing financial transactions. In advance of a board of directors meeting, you are asked to prepare a document to be delivered to the Chairman of the FNRBC Board of Directors with the following:• Three or four bullet points identifying the most urgent actions FNBRC should take
internally to stop the problematic activity and/or prevent it from reoccurring;
• Three or four bullet points identifying the most urgent actions FNBRC should take externally to address the concerns of regulators, customers and the media; and
• A paragraph or two (total) explaining (i) which internal action you identified should receive the highest priority and (ii) which external action you identified should receive the highest priority.
Your work product should adhere to the FNBRC style guidelines, which state that all documents submitted to the Board of Directors be:• Addressed to Albert Z. Kovacs, Chairman of the Board and include the name of the
author submitting the document; • Dated in the following format: [DD] [MONTH] [YYYY] (no punctuation);• In 12-point Times New Roman font, single-spaced with a full space between
paragraphs and a full space between each bullet point, and page numbers in the lower right corner of each page other than the first page;
• Free from casual or colloquial phrasing, including contractions and slang; and