Advise daniel and jo as to whether they have entered

Assignment Help Business Law and Ethics

Reference no: EM133338625

1) All events, companies and individuals mentioned in this question are entirely fictitious. Any resemblance to actual events, companies and individuals is entirely unintentional Please answer the following question:

Daniel and Jo have fairly recently started up in business together and have created a premium men's skincare range. Their USP is that each product in the range contains a simple booklet with a chart on how to build up the right skincare routine for the customer. With the aim of expanding their business, Daniel and Jo attended a regional "Small Business Fair" in January 2022, which was intended to give opportunity for local entrepreneurs to network with established business experts.

At the fair, Daniel and Jo met Ginette, a marketing consultant for a famous European car manufacturer. She advised them that they needed more contemporary packaging for their products and a good internet marketing campaign. Daniel and Jo arranged to meet Ginette during the fair at a "coffee and cake extravaganza", laid on by the organisers. All three were in a celebratory mood and were embarked upon eating a large chocolate cake. Ginette said that she thought that Daniel and Jo's skincare range was "miraculous" and they all laughed about getting the range into the world's "Top 10". Ginette said, "I'm happy to give you advice anytime and teach you how to do world-leading marketing." Daniel and Jo agreed and said "I think that must be worth half the profits. What do you say?" Ginette said "Yippee! We have a deal". Immediately afterwards, Daniel and Jo started creating a new website and social media campaign, intermittently contacting Ginette for advice.

In addition, in February 2022 Daniel and Jo entered into a contract with Frederico, a packaging specialist, to design and supply new packaging for their skincare products. The agreed date for Frederico to deliver the packaging was 1st May 2022, as this was the time Daniel and Jo were preparing to launch their new marketing campaign for the skincare.

Unfortunately, in March 2022 Daniel and Jo received an email from Frederico saying that he would have difficulty finishing the packaging by 1st May 2022. Daniel and Jo were finding it a difficult process to get a patent for their skincare range and desperately wanted to be able to market the product as soon as possible. Therefore, they told Frederico that they would pay him 20% more if he would finish the packaging on time. Daniel and Jo received the new packaging from Frederico on 1st May 2022 and began their new marketing campaign. Their sales increased and profits tripled.

Question 1: Advise Daniel and Jo as to whether they have entered into an enforceable contract with Ginette to pay half the profits and whether they are contractually obliged to pay the additional 20% to Frederico for the packaging.

Question 2: How, if at all, would your answer differ if Frederico had known that Daniel and Jo desperately wanted to market the skincare as soon as possible and in late April, said that he would only finish the packaging on time if Daniel and Jo paid 20% extra.

Reference no: EM133338625

Questions Cloud

Program design and logic model : Describe the expected outcomes of the program you are proposing for your grant proposal and List the type of evidence you determined was needed to measure

General role in organization success : XYZ Company(worldwide clothing company) is aware that both macroeconomics and microeconomics play a general role in its organization's success.

What are employees looking for in a compensation mix : What are the best practices in each area of a compensation mix for ex. Performance pay, base pay and indirect pay).

Discuss how this tension is evident in areas of canadian : Discuss how this tension is evident in areas of Canadian environmental law and whether Canadian law has struck the right balance between public and private

Advise daniel and jo as to whether they have entered : LW2130 University of Leicester Advise Daniel and Jo as to whether they have entered into an enforceable contract with Ginette to pay half the profits

Conflict resolution communication tactics : Which three of the five Conflict Resolution Communication Tactics are outlined on pages 100-101?

Research actual case law respective to employment laws : Research and provide information on one (1) actual Case Law respective to the employment laws you have selected to present.

Why do we say that eoq inventory system is used with j.i.t : Why do we say that the EOQ Inventory System is used with J.I.T (Just in Time)? Explain with a real-life business example

Discuss role of cultural values and attitudes : Discuss the role of cultural values and attitudes when determining how to deal with employees from different cultures or ethnic backgrounds.

User Account

All Pages