Business Law Term Paper Rent a Car Contract - 6396 Words

Term Paper Rent-a-Car Contract ADM 3360A Andrew Sarofeim 4856542 December 7, 2010 Introduction With the ability to fly anywhere around the world at a relatively affordable price, many Canadians are finding themselves taking trips to visit family, friends, or complete strangers more often than ever before. However, the ability to travel in a given destination of choice will require the ability to drive a car. This has created a large demand for cars that can be rented, hence the large amount of rent-a-car locations being created all around the world. In order to rent a car in a given travel destination, consumers must abide by a very strict contract that consumers must agree†¦show more content†¦Part three explains that as the result of the consumer accepting the vehicle as is, the consumer waives all right to return the vehicle to the premise if the consumer finds out that the vehicle looks or feels different than originally sought. Clause 3 – Payment by Renter A – (1) Defines what constitutes what an hour means for the purposes of the contract. For the purposes of the contract, it represents 60 consecutive minutes. (2) Defines what constitutes what a day means for the purposes of the contract. For the purposes of the contract, a day represents 24 consecutive hours. (3) Defines what constitutes a calendar day. A calendar day represents either a full or partial day, which will be determined by hours. (4) Defines what constitutes a week. For the purposes of the contract, a week is determined by 7 consecutive days with 24 hour periods. (5) Defines what constitutes a month. For the purposes of the contract, a month represents 30 consecutive 24 hour days. (6) This sub clause explains that the owner must charge the consumer for atleast a minimum of one day. B – (1) The renter agrees to pay the owner the amount of total time that the vehicle has been in the hands of the consumer, as stated by the total per day value stated on the first page of the contract. (2) If the owner has offered free km as anShow MoreRelatedFinal Exam1137 Words   |  5 Pagesï » ¿BUSINESS LAW FINAL EXAM This is a take-home exam. The exam is to be handed out on July 26, 2012 and returned on July 31, 2012 on the final exam time. The group leader will assign each group member a question and each group member will answer the question and return the answer to the group leader. The group leader will grade each member in terms of cooperation and totality of the answer. The group leader will submit a final draft on exam date (July 31, 2012). The final draft must be done inRead MoreContract Law Case Study Essay1980 Words   |  8 PagesContract Law Case Study Both the parties in the question have come to a problematic situation which is complicated to resolve. 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