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Assume you are organizing a study group for students interested in taking the Young Business Professionals' Certification Examination at the end of this semester.Cite and explain three rules you would require that all members agree to follow.Also,explain how you would gain commitment for the rules and what the consequences for not following them would be.
Writing Requirement
A legal stipulation that certain contracts or agreements must be documented in writing to be enforceable.
Implied Warranty
A legal assumption in commerce that the goods or services sold meet certain quality standards, even if not explicitly stated by the seller.
Assignment
The transfer of rights, property, or obligations from one party to another.
Consideration
Something of value exchanged between parties to form a binding contract.
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