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iRubric: Drafting a Contract rubric

iRubric: Drafting a Contract rubric

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Drafting a Contract 
Create a contract for the sale of an item to your partner-you can determine the price that you will sell the product for. Provide clear and specific information in your contract.
Rubric Code: AXA454B
Ready to use
Public Rubric
Subject: Business  
Type: Project  
Grade Levels: 9-12

Powered by iRubric Drafting a Sale Contract
  Below Average

1 pts

Average

2 pts

Proficient

3 pts

Outstanding

4 pts

Included All Material Facts

Below Average

Minimum or no facts included.
Average

Included some facts, but did not include pertinent or essential facts.
Proficient

Included some essential facts.
Outstanding

Included all essential facts.
Contract Contains All Elements

Below Average

Addresses none or only 1 required elements such as:<BR>
Offer<BR>
Acceptance<BR>
Consideration<BR>
Mutual Assent
Average

Addresses 2 required elements such as:<BR>
Offer<BR>
Acceptance<BR>
Consideration<BR>
Mutual Assent
Proficient

Addresses 3 required elements such as:<BR>
Offer<BR>
Acceptance<BR>
Consideration<BR>
Mutual Assent
Outstanding

Addresses all required elements of a valid contract. Complies with law of Ontario.
Price and Time to complete contract

Below Average

The contract does not include either and date or time to meet the contractual obligations.
Average

Contract has a specific time, but does not include a date to meet the contractual obligations.
Proficient

Contract has a specific date, but no time in which to meet the contractual obligations.
Outstanding

Contract has a specific time and date to meet the contractual obligations.
Warranty

Below Average

The contract does not have any warranty terms
Average

There is a vague mention of a warranty in the contract, but the details are unclear.
Proficient

The contract has a warranty include date and time in which it will expire.
Outstanding

The contract has a clear and specific warranty include date and time in which it will expire.
Content

Below Average

Missed many or all of the important points that the parties would need for the contract to be executed.
Average

Mentioned some of the important points the parties would need for the contract to be executed.
Proficient

Mentioned most of the important points the parties would need for the contract to be executed.
Outstanding

Mentioned all of the important points the parties would need for the contract to be executed.
Grammar

Below Average

There are many spelling errors, grammatical errors, which makes it hard to understand the detail of the contract.
Average

There are 3 or more spelling or grammar issues
Proficient

There are 1-2 spelling or grammar issues
Outstanding

there are no spelling or grammatical errors in the contract.





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