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Tuesday 19 February 2013

Foodmart Essay

Introduction
Foodmart, Inc. is a retail grocery store chain ground throughout the United States. This retail grocery store contains employees tout ensemble over the U.S. as well. Each scenario deals with turn outs, the renovation of Foodmart, employees of Foodmart and online ordering function from Foodmart. A contract is a written or speak agreement with specific impairment between two or more persons or entities in which there is a covenant to do something in present for a valuable benefit. (2012 Farlex) Contracts corporation consist of several documents, such as offers, counteroffers, orders and a series of letters. Any contract buns be enforced by the law if proven. Team B will discuss the contract between Foodmart and Masterpiece Construction, Jeremy and polish Sales use Cars, Brian and Harry, and Todd and Foodmart. A breach of contract can lead to financial loss, reputational monetary value and extensive legal fees.
Scenario 2 Contrast
Smooth Sales Used Cars can try to enforce the contract between their social club 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.

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They could also reject returning Jeremys money and void the contract for the remainder of the payments. Selling a car and giving a contract to a insignificant 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 take butt the car and negotiate the amount for a refund bearable 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.

Reference
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



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