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Entered into a contract with supplier or customer

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Reference no: EM133402317

Imagine a situation in which your business has entered into a contract with a supplier or a customer, and the supplier/customer has breached the contract. Please answer the following questions in writing

Describe the breach of contract. Your answer should identify:

What the contract is about - be specific

How the contract has been breached- be specific

Explain whether your claim would be for breach of a condition or breach of a warranty. In your answer, explain the difference between a condition and a warranty and why this is important.

If you were to sue for breach of contract, what remedy/remedies would you seek? Be specific and explain each remedy.

If you wanted to avoid litigation, what other form of dispute resolution could you use to resolve your issue with your supplier/customer? Identify an appropriate dispute resolution process and give 2 reasons why you have chosen this process.

Reference no: EM133402317

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