Preview

Foundation of Business Law

Better Essays
Open Document
Open Document
997 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Foundation of Business Law
Charlie is going to rescind the contract. He demands return of his money and compensation for the loss of commission on several high profile sales of his business. He wants to rescind the contract because the package of software recommend by Carmine was obsolete, despite Carmine’s assurances.

This problem is concerned with the contents of the contract which is term in the contract, the misrepresentation and unconscionable conduct.

Charlie will claim that Carmine verbal assurances about the condition of the package of the software which recommended by Carmine was unable to utilise the Land Titles Office’s electronic lodgement of documents.

Carmine will refer to the written contract which contains a clause that there is no warranty is given about or the quality of the software. But the parol evidence will support Carmine’s contention that the contract between Charlie and Carmine which contains all the terms of the agreement. As these terms are clear and unambiguous, but there are no evidence can be admitted to change their contract.

Charlie will claim that the “Contract of Sales” because that contract between he and Carmine was no in complete record. He will persist that it is an unclear and ambiguous written contract.

If want applying the guidelines for the incorporation of oral terms it should show the guarantee about the software package in the term of the contract: * Timing of the statement
Before signing the contract, Carmine have already assured Charlie. About that the software package was widely used by several of well-established real agencies in South Australia and was “more than adequate for a small agency which was treated as a term: Van den Esschert v Chappell (1960) WAR 114.

* Where one of the parties has special skill and knowledge
Carmine is a representative of Realtor Data Ltd which is a computer company that specialises in software for the real estate industry. So he has more knowledge and skill about the software than



References: Foundation of Business Law 2012

You May Also Find These Documents Helpful

  • Better Essays

    Chou and BTT had a contract at the point they agreed to all the terms. By including the obligations of the parties and the terms of the agreement, the manager showed objective intent. A written contract was not necessary since this was a contract primarily dealing with services to distribute the game, not a production contract or a sales contract. Had it involved a goods contract to buy or sell, which under the Statutes of Frauds would not be a contract until all the terms were laid out in writing; that occurred when the manager from BTT emailed the terms which would have included his electronic signature and thus would have sealed the contract between the two. Also, if the contract is under common law, then the mailbox rule would say it went into effect when it was sent, not received.…

    • 1026 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Westchester Dis Case

    • 1064 Words
    • 5 Pages

    Due to an informal corporate environment, Westchester Distributing, Inc. experienced a situation that could have been avoided had the control environment been in place. Carter Mario, a salesman for Westchester, defrauded his employer by falsifying expense reports and bribing a customer. George Pavlov, a sales manager, not only cooperated with Mario, but was also guilty of the same acts. After having a kickback deal with a customer go bad, Pavlov went to the VP of Administration, Joe Roberts, for help. Since Joe signs all neon signs out of inventory and because Mario had promised the customer three signs, they needed Joe to complete the transaction. Unfortunately,…

    • 1064 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Solve Gen Inc

    • 522 Words
    • 3 Pages

    According to ASC 605-25-15-2, all deliverables (that is, products, services, or rights to use assets) within contractually binding arrangements (whether written, oral, or implied, and hereinafter referred to as arrangements) in all industries under which a vendor will perform multiple revenue-generating activities. In this case study, two deliverables are described: (1) a five-year research and development agreement and (2) license and distribution agreement. Under the five-year research and development agreement, this case study described that SolvGen uses its best efforts to further develop proprietary instrument systems that have been under development for nearly 18 months and are expected to be expected to be ready for commercial launch in the near future. In case of license and distribution agreement, Careway will pay SolvGen for each proprietary instrument system as it is purchased by Careway.…

    • 522 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Fuzzy Math Case Analysis

    • 915 Words
    • 4 Pages

    Also, there is a communication problem within the managers at ConnectCo. The departments are not in agreement on how to handle important issues and managers do not know all the details of the contract with Symbol. Finally, ConnectCo and Symbol do not share a clear understanding of the contract’s terms. The contract terms are vague, which allows each party to interpret the terms to their advantage.…

    • 915 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Business Law Contracts

    • 265 Words
    • 2 Pages

    Cyril made two contracts. The first was to have his house painted one month from the date of the written contract. The second was for his neighbor's 1957 Ford Thunderbird. Each contract was definite and clear in all respects. As to the house painting, Cyril inquired with the painter as to when the work could begin. The painter explained that he was extremely busy and was not sure if he could fulfill the contract. Cyril flew into a rage and immediately hired someone else who painted the house, but at a higher price. Cyril then sued the painter, claiming that there was an anticipatory repudiation of the contract by the painter.…

    • 265 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Garden Ridge Case Summary

    • 426 Words
    • 2 Pages

    Peter Fazio talked to Cypress/GR Houston I, LP about buying retail property, with the main tenant being a Garden Ridge store. Fazio and his agents conducted a background investigation, while doing so he found information that concerned that Garden Ridge was in poor financial health but after being certainty by Cypress that Garden Ridge had a positive outlook. Fazio went ahead and sent a letter to Cypress and sent a letter to Cypress that he is willing got buy the property for $7.67 million “based on the currently reported absolute net income of $805,040”. After which Cypress agreed to disclose all information in its possession but they failed to disclose 2 factors:…

    • 426 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    CCP Management

    • 306 Words
    • 1 Page

    However, it can be seen that CCP also performed such tasks which did not require any of the licenses. In this case it has demanded to be compensated for those services where there was no requirement of a license for their performance. Yet, there needs to be knowledge of additional facts to resolve this issue. Whether Andrew Hoganmuller was ignorant of the fact that CCP does not have the licenses or not at the time of entering the agreement is also essential to be known. In case a severability clause was there in the contract, it would be considered partially voidable making Andrew liable to pay for the services with no requirement of license. In case, the severability clause was not there in the agreement and the terms of the agreement cannot be considered independent of each other, the whole agreement may be void on the basis that CCp did not have the capacity to enter the agreement. A severability clause divides a contract into many parts where default on one does not make the whole contract void.…

    • 306 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    A contract is formed when two parties with the correct mental intent, under correct circumstances within the boundaries of the law, and with detriment to each of them agree to do certain acts in exchange for the other’s acts. (Jennings, 2006). Span Systems and Citizen Schwartz (C-S) have entered into a bilateral contract. C-S signed a contract for software development for a one year, and Span Systems will deliver software to their clients. A bilateral contract is one in which both parties promise to perform certain things (Jennings, 2006). Both parties are obligated to perform under the contract, however, but C-S and Span Systems have not performed according to the contract. C-S has demanded the transfer of all unfinished code and termination of the contract. The companies state that each other is in breach of contract. The legal issues identified are performance, change requirements, and communication and reporting.…

    • 823 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The foremost issue pertaining to this case is that of whether the terms of the License Agreement are part of the contract between Ah Siong and UcanB007, and hence the enforceability of the terms should Ah Siong decide to sue UcanB007 in contract for his losses.…

    • 2053 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Adobe Flash: Action Script 3.0

    • 112434 Words
    • 450 Pages

    If this guide is distributed with software that includes an end user agreement, this guide, as well as the…

    • 112434 Words
    • 450 Pages
    Good Essays
  • Good Essays

    The software lacks some features for extensive information security, access, distribution and sharing through the use of computer networks. The software is simply inadequate to cater to the present information needs of the company.…

    • 6005 Words
    • 25 Pages
    Good Essays
  • Better Essays

    international trade law

    • 4779 Words
    • 15 Pages

    Contract concluded in Aus, using AUD$, Performance is in Australia therefore, governing law of this contract is Australia.…

    • 4779 Words
    • 15 Pages
    Better Essays
  • Good Essays

    An_Introduction_To_Cryptography

    • 24144 Words
    • 122 Pages

    Northern Telecom, Ltd. IDEA is a trademark of Ascom Tech AG. Network Associates Inc. may…

    • 24144 Words
    • 122 Pages
    Good Essays
  • Good Essays

    egzam

    • 59622 Words
    • 475 Pages

    SUSE Linux Enterprise Server 10 Fundamentals COURSE 3071 Novell Training Services AUTHORIZED COURSEWA RE 103-000294-001 Electronic Version 1 w w w. n o v e l l . c o m Proprietary Statement Trademarks Copyright © 2006 Novell, Inc. All rights reserved.…

    • 59622 Words
    • 475 Pages
    Good Essays
  • Powerful Essays

    junior term

    • 2392 Words
    • 10 Pages

    Agreement, do not continue the installation process and delete or destroy all copies of the Software in your…

    • 2392 Words
    • 10 Pages
    Powerful Essays