cancellation notice within five business days B u s i n e s s F i n a n c e

DQ1: What don’t you know about the McDonald’s coffee case? There has been quite a bit of publicity about the infamous “McDonald’s coffee” case. However, the public has never been given all of the facts. The media conveys only the “sensational” facts so they can sell newspapers or promote their television news coverage. Your assignment is to find out the truth! There are many articles out there about the case. Research the case and summarize it in two to three complete paragraphs (12 point font, one inch margins). Discuss the real facts and explain how knowing all of the facts changes your opinion about the merits of the case.

Grading Criteria

A minimum of 100 words is required for the initial post. Grammar and punctuation are important so points will be deducted for excessive mistakes. No texting language should be used at all. (Spell out the words and do not use numbers. ex. 4U should be written “for you”).

DQ2: Some states give consumers the right to cancel certain contracts for any reason within a short period of time after entering into them. For example, consumers in California can get out of gym membership contracts by sending the gym a cancellation notice within five business days of joining. Similar statutes cover insurance, weight loss services, door-to-door sales, and home repair contracts. If these agreements meet all of the requirements for a contract, why would a state allow people to get out of them so easily? Is this good policy? Alternatively, if consumers can cancel these contracts, why not allow everyone to cancel any contract within a few days?

Grading Criteria

A minimum of 100 words is required for the initial post. Grammar and punctuation are important so points will be deducted for excessive mistakes. No texting language should be used at all. (Spell out the words and do not use numbers. ex. 4U should be written “for you”).