Explain what is meant by common law and the importance of the doctrine of precedent.

Business Law

These are the questions to be answered:

Question 1) Explain what is meant by “common law” and the importance of the doctrine of precedent. (10 marks)

Question 2) Mention and explain under what circumstances an offer may come to an end. (10 marks)

Question 3) Explain what rights are attached to the ownership of shares when becoming a shareholder (10 marks)

Answer the following questions in detail. Write the definitions by authors of the key words whenever necessary.

Include IN-text references as well as sources you used at the bottom. All references need to be in Harvard style. Kindly, use and include at least 8 different sources.

Give more priority to questions 1 and 2 regarding the word count.

Make sure the report is plagiarism-free and original as it will be submitted in Turnit in.

Explain the variability of quasi-contract recovery among those states.

Sometimes, common law varies slightly from state to state. Find out whether the common law, as to when a person can recover using quasi-contract, varies among the states in your region.

Using FindLaw.com, http://www.law.cornell.edu/opinions.html#state (Links to an external site.), or the search engine of your choice, locate one case in your current state and one case in three additional states in your region (for a total of four cases), where the court either granted or denied recovery, based on quasi-contract.

Then, respond to the following items:

Summarize your findings regarding the case in the four states that you have chosen.
Explain the variability of quasi-contract recovery among those states.
Sources must be cited in APA format and the assignment should not exceed one page in length using 12 point font and one inch margins.