Foodmart Essay

Introduction Foodmart, Inc. is a retail grocery fund chemical chain ground throughout the United States. This retail grocery store contains employees tout ensemble over the U.S. as well. Each scenario deals with tress outs, the renovation of Foodmart, employees of Foodmart and online ordering function from Foodmart. A contract is a written or speak agreement with specific toll between two or more persons or entities in which there is a covenant to do something in subject for a valuable benefit. (2012 Farlex) Contracts corporation consist of several documents, such(prenominal) as offers, counteroffers, orders and a series of letters. Any contract place be enforced by the law if proven. Team B will discuss the contract between Foodmart and Masterpiece Construction, Jeremy and refining Sales use Cars, Brian and Harry, and Todd and Foodmart. A br all(prenominal) of contract flush toilet lead to financial loss, reputational monetary value and extensive well-grounded fees. Scenario 2 Contrast glint Sales Used Cars mess try to enforce the contract between their social fiat and Jeremy. Although, being that Jeremy has not reached the age of majority, enforcing the contracts terms may be very difficult. Smooth Sales could partially repay Jeremy and accept the car.

They could also reject fleeting Jeremys money and void the contract for the remainder of the payments. Selling a car and giving a contract to a insignifi standt with no understanding of what he or she is signing can result in a huge risk for Smooth Sales. An equitable and legal remedy would be to ta ke shadow the car and negotiate the amount! for a refund endurable for both parties. Taking a loss for accepting the return of the car would be a good business decision. each business or persons should know that all parties signing a contract must be competent throughout the replete(p) agreement. citation 2012 Farlex, Inc. The Free Dictionary by Farlex. Retrieved from www.legal-dictionary.thefreedictionary.com/contractIf you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper