if ever, did the parties have a contract? After reading the case scenario, I do not believe either of the two parties involved ever established a binding distribution contract. It is true an oral distribution agreement was achieved just three days prior to the 90-day deadline, which was a condition established in the original negotiating contract. However, as clearly stated in the original negotiating contract, there is not to be a distribution agreement, or contract, unless it is in writing. After
Words: 734 - Pages: 3
settlement * Our financial situation * Our business model * SWOT and Industry Analysis First, the Mississippi case has somewhat damaged our company’s image and may portray us as a company that does not honor legal agreements. Not only was a contract broken that brought the case originally, but so was the settlement as a number of the “subject to” provisions were not met. If this be the case, then it could stand to reason that we may be viewed as untrustworthy in other agreements. Being that
Words: 686 - Pages: 3
3-9-2012 LECTURER: MR. IBRAHIM CONTEH CARLOS JULIO BELLO ORDUZ STUDENT ID: 21200686 ST-PATRICKS COLLEGE ASPECTS OF CONTRACT AND NEGLIGENCE FOR BUSINESS TABLE OF CONTENT EXECUTIVE SUMMARY…………………………………………………………………..3 INTRODUCTION……………………………………………………………………………4 CASE STUDY 1: OFFER AND ACCEPTANCE…………………………………………5 CASE STUDY 2: CONSIDERATION……………………………………………………..6 CASE STUDY 3: INTENTION TO CREATE LEGAL RELATION……………………..7 CASE STUDY 4: contractual terms……………………………………………...……7-8 CASE
Words: 3270 - Pages: 14
Commercial Transactions (Contracts) Unit 3-Individual Project Tiffany L. Wilson Abstract Contracts are very important when it comes to businesses. Contracts have to be legally and binding to cover all aspects in case there is ever any doubt. In large corporations they would often have to have the expertise of judges help because something especially in advertising could be interpreted to be something totally different. Commercial
Words: 935 - Pages: 4
Marcus D. Misher mdmisher@yahoo.com 3703 Cosby St. Houston, TX 77021 Phone: 832.816.8886 Self-starting, goal-oriented strategist whose reliability, perseverance, and vision promote success Technology Strong proficiency in Lawson, SAP [R/3, MM], CRM, ADP, Wolf, Oracle, QuickBooks Pro, Blackbaud {Financial, Raiser’s, and Patron’s Edge}, PeopleSoft Financials, Microsoft Office Suite, Rent Roll, AMSI, MRI, Lotus. EDUCATION: 05/2013 Executive MBA Candidate Texas Southern University
Words: 980 - Pages: 4
The given set of factors requires a discussion of the rules relating to formation of a contract, particularly focusing on offer and acceptance. According to the section 2(h) of Indian Contract Act 1872, “An agreement enforceable by law is a contract.” There should be two items which are objected to make contract are (i) An Agreement and (ii) Legal Obligation. In section 2(e) defines that, “Every promise and every set of promises, forming the consideration for each others, is an agreement.” From
Words: 1182 - Pages: 5
500 boxes capable of holding twenty to thirty pounds each used to ship Farrars’ tomatoes. Farrar used 3,624 boxes upon arrival to pack tomatoes which according to Farrar failed crushed the packed tomatoes. Farrar reacted by attempted to cancel the contract. International(Wilson) thinks that Farrar already accepted the boxes and should be held to pay for them. For revocation of acceptance we must confirm that the goods are nonconforming or the nonconformity substantially impairs the value of the goods
Words: 482 - Pages: 2
Contract ModificationText Size: | Lawyers.comsm When negotiating a contract, or after a contract has been signed, you may have reason to want to modify, or change, the contract. In general, contract modifications require the agreement of all parties to the contract. This article will discuss how to modify a contract before it's been signed and after it's been signed. A contract is legally binding agreement between two or more parties. The average adult encounters contracts many times in the
Words: 966 - Pages: 4
often happen through the use of technology. Technology makes businesses able to operate by changing relationships between suppliers, producers, retailers and customers. Gone are the days where negotiating a contract meant that you sat down face –to–face with someone and talked about contracts, and deals. Now days, a negotiation can be met and done in a matter of real time minutes. Technology has made this possible and globalization has helped the process. The article that I will speak about in
Words: 900 - Pages: 4
Contract Administration Preparation of log book BSc construction management Contents 1. Roles and relationships 2.1 Conflicting professions 2.2 Consultant roles 2.3 Professional service agreements 2. procurement systems 3.4 Procurement 3.5 Design and build 3.6 PFI - private finance initiative 3. contractor selection and tendering procedures 4.7 Purpose of tendering 4.8 Selective tendering 4.9 Negotiation
Words: 3519 - Pages: 15
