Contracts no 1 : judge for yourself: a critical incident regarding contract formation, conditions, performance, and breach /
The law provides an opportunity for people to craft the rules that control their relationships-business or otherwise. This is the essence of contract law. Once a contract has been formed, it is generally accomplished without the aid of the court as most feel a moral, if not legal, obligation to perf...
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| Format: | eBook |
| Language: | English |
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London :
Society for Case Research,
2020.
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| Series: | SAGE business cases.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | The law provides an opportunity for people to craft the rules that control their relationships-business or otherwise. This is the essence of contract law. Once a contract has been formed, it is generally accomplished without the aid of the court as most feel a moral, if not legal, obligation to perform. What happens when the agreement is not in writing, but based on trust, past practices, and general rules in the applicable business? Is a valid contract formed? Are the parties bound? Or, are they able to walk away? This incident is based upon an actual lawsuit. The dispute arose when a law firm hired a lawyer, but failed to pay a commission to the placement service that allegedly introduced the lawyer to the law firm. In this incident students will assess the elements of contract formation, conditions to the formation of a contract, and breaches. |
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| Physical Description: | 1 online resource. |
| ISBN: | 9781071945377 1071945378 |