Evaluate the importance of the standard default clause. As a contracts officer for the IRS, suggest two (2) ways in which you could combine the standard default clause with the FAR’s delay provision for the protection of both parties to the...
Introduction Contracts are agreements, which are legally enforceable and binding. The parties to specified contracts enter them out of their own accord. The contracts are formed when the attendant offers are accepted by the parties another according to Hanami (1979). The...
This paper discusses the conclusions, which Bill Beasley and California Cuisine, Inc. arrived at after a disagreement between them arose leading to premature termination of the contract. In regard to the issue, the later hired the former as its executive office...
Fabulous Hotel Scenario Suppose that the Fabulous Hotel hires you as head chef under a two year employment contract. After two years, another hotel wants to hire you. However, in the original employement contract you signed with the Febulous Hotel the...
Introduction Gergen (2013) provides that negligence is the failure of an individual to exercise a reasonable duty of care which any prudent individual would have exercised within a similar case scenario. Therefore, the tort of negligence is put in place to...
Introduction to Enforceable Contracts in Legal Agreements Contracts are foundational to nearly every area of personal and business relationships. Whether you’re entering into a simple agreement or negotiating a complex business deal, understanding what makes a contract legally enforceable is essential....
Case study (Contract Law: Sales and Product Liabilities) KELLER v. INLAND METALS All WEATHER CONDITIONNING, INC. Facts: When Brain and Clarice Keller installed an indoor swimming pool in the athletic club they owned, customers began to complain that the air near the pool was...
The Statute of Frauds The disposing of the case between the salesman and Mark will be determined with reference to the Statute of Frauds. A collective term that describes the different statutory provisions which render certain types of contracts unenforceable unless...
Recent contract awards Boeing Boeing Company has recently been a beneficiary of a major contract that it was awarded by the Army through the Department of defense. The contract that was awarded to Boeing was worth $ 714 million with a...
The streamlines ACL, requires that all the Australian and foreign businesses in operation within Australia to understand and carry the new the new standards where applicable in their scope of undertaking contractual agreements. The effects of ACL in the context of...