What remedies are available to the non-breaching party

Assignment Help Business Law and Ethics

Reference no: EM13775843

Having a clear understanding of the courts and where to file specific claims has provided your department with a good basis for where to start when a claim arises. With so many outside venders and human resource issues in today's business world, contractual claims are going to be one of the common claims that arise on a regular basis in many businesses.

The next primer you will prepare for your department's training series will acclimate your colleagues to the world of contracts. Prepare a 2-3-page, double-spaced document explaining the essential elements of a contract and the applicable remedies in the event of a breach. What is required for a valid offer? How can one accept an offer? What is the concept of consideration and what form(s) can consideration take in creating a contract? What factors must be considered in assessing the legal sufficiency of an offer, acceptance, and consideration in determining whether a contract is enforceable? In the event that a contract is formed and subsequently broken, what remedies are available to the non-breaching party under your state's law?

Reference no: EM13775843

Questions Cloud

Explain specific plant that is especially meaningful to them : explain one specific plant (or closely related family of plants) that are especially meaningful to them as well as to their native cultures.

What types of damages could wendy recover : Does Wendy have a solid basis for suing Derek for her injuries? Who might be liable to Paul Pedestrian? What types of damages could Wendy recover? If Wendy sues Derek, in what state(s) could she sue, and in what court (federal or state) could she ..

The operation of a jfet : Discuss how you can tell whether an FET is operating in the ohmic region or the active region.

Does able & henderson face any negligence liability : What standard of care applies to Able & Henderson's accounting work for Hambones, Inc.? Does Able & Henderson face any negligence liability to First State Bank or Sauce Supply in a state that has adopted the Ultramares rule

What remedies are available to the non-breaching party : What factors must be considered in assessing the legal sufficiency of an offer, acceptance, and consideration in determining whether a contract is enforceable? In the event that a contract is formed and subsequently broken, what remedies are avail..

Refusal of a blood transfusion. : Using the Three-Step Ethical Model Is it legal? Is it balanced? How does it make me feel? evaluate the ethical dilemma associated with the refusal of a blood transfusion

Describe the impact the company strategy had on your functi : Create a team multimedia presentation (e.g., PowerPoint, Keynote) for the board of directors and stockholders in which you do the following:1. Describe the impact the company strategy had on your functional area in the simulation. 2. Reflect on the..

What was the percentage change in nominal gdp : What was the percentage change in Nominal GDP for the most recent quarter compared to the previous quarter? What was the percentage change in Real GDP for the two quarters?

How the legal definition of insanity contributed to verdict : Describe the case you selected from your Internet or Walden Library search and explain how the legal definition of insanity contributed to the verdict

User Account

All Pages