Eight months ago, Span Systems signed a $6 million bi-lateral contract with Citizen-Schwarz AG (C-S) to develop the new software for their electronic banking system. The basis of the contract is Span System’s promise to provide C-S with new banking software that meets their needs and expectations while meeting key deadlines (University of Phoenix, 2002). C-S has agreed to pay Span System for their services, and to provide timely feedback, response, and representation to assist Span Systems in
Words: 1257 - Pages: 6
unconscionability, the cancellation by Gantos was unconscionable. Gantos was a larger company, and therefore was able to determine the terms of the contract, and Gianni Sport, being the weaker of the two, had no practical choice but to adhere to the terms. Under the UCC, the courts have the power to manipulate the provision containing the unconscionable terms to make the contract just. In this case, I believe the courts would take out the clause that the order can be cancelled at any time before shipping and would
Words: 1439 - Pages: 6
MODEL CONTRACTS FOR SMALL FIRMS LEGAL GUIDANCE FOR DOING INTERNATIONAL BUSINESS © International Trade Centre, August 2010 Model Contracts for Small Firms: International Commercial Sale of Goods Contents Foreword Acknowledgements Introduction Chapter 1 International Contractual Alliance Introduction ITC Model Contract for an International Contractual Alliance Chapter 2 International Corporate Joint Venture Introduction ITC Model Contract for an International Corporate Joint
Words: 9949 - Pages: 40
your consulting firm to produce a report on this possible breach of contract case, including recommendations. Use the report writing guide from the course website. In your analysis of this case include answers to the following questions: Q. 1. Did Goliath breach the contract? Specifically discuss whether the showing by a competitor movie chain in Toronto constituted a violation of the Goliath/Giant agreement. Q. 2. Assuming the contract is valid, prepare the following financial analyses:
Words: 298 - Pages: 2
and defendants John and Joan Vastola entered into a contract to sell the Vastola’s house on June 15, 2004. On June 14th the defendants’ real estate attorney wrote plaintiff’s real estate attorney notifying them that they will not convey the title. The reasoning for breaching the contract is that Joan Vastola has spinal muscular atrophy that has gotten considerably worse between the times the contract was entered to the time of closing of the contract. This disease has made it impossible for Joan to
Words: 414 - Pages: 2
This case consists of mainly two parts: one is the formation of a contract and the other one is the operation of the contract. Thus in this paper I will discuss it in two individual parts. [PART I] ISSUE: Is the advertisement “mere puff”? Or is there a binding contract between Michael and Slimy Motors Pty. Ltd.or the manufacturer who authorized the advertisement? RULE: Five elements which must be established before a contract can be formed- offer, acceptance, agreement, consideration and intention;
Words: 1453 - Pages: 6
------------------------------------------------- Top of Form Week 4: Contracts and IP Issues - C: You Decide Group C Project Thread Begin answering the project questions here. | Responses Responses are listed below in the following order: response, author and the date and time the response is posted. | | Response | Author | Date/Time | | | | Contracts and IP Issues - Question # 1 | Julie Hicks | 11/19/2012 5:30:48 AM | | | I have tried to go through the case
Words: 8609 - Pages: 35
MEMORANDUM: CONTRACT CREATION AND MANAGEMENT TO: John Sullivan FROM: Jon Sorrell DATE: October 27, 2006 SUBJECT: Legal Environment of Business: Contract Creation and Management The Issues In the case of Span Systems of California and Citizen-Schwarz AG of Germany, management is essential in forging the proper attitudes and remedies necessary to maintain the current contract. The facts of the case is that Span Systems are under a one-year contract worth $6 million to produce a Java-based
Words: 928 - Pages: 4
case. The SM is regarding the offer and possibility of an acceptance of an employee’s resignation. F: Sedberry (D), through majority shareholder Mrs. Sedberry, entered into a contract with Akers (P) whereby Akers would serve as Chief Engineer for five years. Sedberry entered into a similar five year employment contract with Whitsitt (P). Akers and Whitsitt were to perform their duties at the Jay Bee Manufacturing Company in Tyler, Texas. Mrs. Sedberry later purchased stock in Jay Bee owned by
Words: 516 - Pages: 3
Running head: BUSI 561 Contract Analysis BUSI 561 Contract Analysis / Week 3 Demetria Barlow Liberty University BUSI 561 Contract Analysis / Week 2 The case presented here in this contract analysis is a very sticky situation. Here we are faced with the combination of two very different relationships between the same two parties. I would find myself quite surprised at the reaction of Mr. Petersen upon telling him about the direction in which my business is about to go. According to
Words: 1132 - Pages: 5
