Analyze the remedies for breach of contract

Assignment Help Business Management
Reference no: EM131670112

Assignment

Analyze the remedies for Breach of Contract

Candie Cardigan as a representative for CARDWARE has decided to auction her strapless giraffe print dress made of silk, satin with velvet markings. This particular dress was used in a movie filmed in S. Africa. The dress had been show cased among other famous dresses in the Silkadonia Actors Guild Museum. Cassie Cardigan was chosen to act as the auctioneer for World Wide Auction House. The bidding for the dress began at $5,000.

Pearl has been looking forward to participating in the auction for this dress for over three months. Pearl raised her auction paddle and bid the initial $5,000. Jade also wanted the giraffe print dress and upped the ante to $5,500. The two battled the bidding to where it appeared that Pearl got the dress for $8,500.00, as Cassie smiled and nodded at Pearl.Candie and Jade had been friends for years, as they had modeled together growing up as children.

Candie quietly told Cassie to sell the dress to Jade. When Pearl presented $8,500 to Cassie, Cassie refused to take her money claiming that the dress was to go to Jade. Cassie further explained that Jade had allegedly had raised her paddle after Pearl's final bid and showed five fingers meaning that she was bidding $500.00 more over the $8,500.00 bid made by Pearl. In reality, no such action by Jade had taken place.Pearl now wants to sue for breach of contract. She has come to your office asking for your help.

She wants you to request that Candie turn the dress over to her for the $8,500 that she bid. Your supervising attorney Les Agne indicates that you should investigate a cause of action for breach of contract, as well as a cause of action based on specific performance. Be aware of whom the true Plaintiff may be in this potential case and who causes of action may be brought against. Also, Les has scribbled the following notes to help you with organizing your thoughts regarding Specific Performance.

Dear Paralegal:After you establish a contract exists as a result of the auctioning of the giraffe print dress, you may want to consider the following with regard to specific performance:

· You must have a contract in place
· The remedy at law must not be adequate (hence damages alone will not provide relief to the party who is seeking specific performance.
· The remedy must be enforceable
· If one party can bring the action for specific performance, so can the other if the positions were reversed.
· If there were any conditions to the contract, all were.

Be sure to discuss defenses with regard to the contract. In other words, what will Candie or the Auction House say in response to there being a contract?

Assignment Instructions:

Please write me a memorandum in the following format:

Les Agne, Attorney at lawFrom: [Your Name]Re: Potential Causes of Action for Breach of Contract and Specific PerformanceOrganize your memorandum with an introduction, body, and conclusion.

Provide in-text citations. If a reference is listed in your reference page, make sure it is displayed within your submission where you retrieved information from. Provide hanging indents where needed.

Double space throughout your submission, including throughout your reference page. Note: This includes between your references.

Your reference page should be separate from the body of your submission.Use Times New Roman size 12 font.

Provide an APA formatted cover sheet.Directions for Submitting Your Assignment:Please label your projects: username-project-unit.doc.

Reference no: EM131670112

Questions Cloud

Estimate of the firm stock price : If the firm's WACC is 9.0%, what is your best estimate of the firm's stock price?
Liquidity preference theory : If the one-year U.S. government bond spot rate is 5%, what is the expected one-year spot rate three years from now if the Liquidity Preference Theory
Identify and explain each of the hormones associated : Identify and explain each of the hormones associated with the human female reproductive cycle - Your answer should focus on the cycle
How does factoring differ from short-term debt : Why is careful management of accounts receivable and accounts payable so essential to ensuring positive cash flow?
Analyze the remedies for breach of contract : Analyze the remedies for Breach of Contract. Candie Cardigan as a representative for CARDWARE has decided to auction her strapless giraffe print dress made.
Describe the roles and settings of addiction counselors : Can you describe any principles, models, and documentation formats of biopsychosocial case conceptualization and treatment planning?
Why do lenders often refuse to finance of a purchase : Why do lenders often refuse to finance 100 percent of the cost of a purchase, requiring borrowers to make a down payment that covers a portion.
Evaluating a project with the cash flows : Mittuch Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 12 percent and a reinvestment rate of 9 percent.
Discuss about the brain structures or systems : Choose 3 activities, and for each activity, choose 3 brain structures (or systems) for a total of 9 structures.

Reviews

Write a Review

Business Management Questions & Answers

  Explain how a strengthened ethics program

Examine AIG's executives' ethical conduct and explain how a strengthened ethics program might help the organization to strengthen the ethics of its corporate culture.

  Find the price of a european 6-month call option

Use the no-arbitrage approach to find the price of a European 6-month call option with a strike price of $32.

  What new ethical and social responsibility issues

What new ethical and social responsibility issues might present themselves when moving from a domestic-only organization to one that reaches a global arena? Why are they different?

  Encourage full participation on the team

What can a team leader do to encourage full participation on the team? What are the dangers of not ensuring full participation? (please address both parts)

  Engaging with family members of victims

The leadership displayed in engaging with family members of victims.

  Price elasticity of supply and the price elasticity

Cite the primary difference between the price elasticity of supply and the price elasticity of demand.

  Organization personnel management policies

Essay: Org Personnel Policy: Write and post a critique of your own organization's personnel management policies, using your readings thus far, and following these quidelines:

  Crafting an integrative bargaining proposal

For this assignment, develop four questions that could be asked of Alice Jones, senior Netflix executive, during an upcoming negotiation session. This information should be helpful in crafting an integrative bargaining proposal, i.e., a win-win si..

  Discuss the sample design for the proposal describe the samp

Discuss the sample design for the proposal, Describe the sampling procedures (convenience , quota simple random) that will yield the best results for youre research objective and justify youre rationale for choosing the procedure(s).Include the follo..

  Assumptions for the harrod domar condition

Please help me with this assignment. a) State any three assumptions for the harrod domar condition for full employment. b) Briefly distinguish between consumer excess sensitivity and consumer excess smoothness.

  Instructions and data found in textbook

For this assignment, you will be using the instructions and data found in your textbook at the end of Chapter 15, "Data Preparation and Description," in Question 3, which describes an inventory challenge facing many shoe retailers. This is listed ..

  Identify and briefly describe different network topologies

Define the term telecommunications medium. Name three media types. - What is meant by network topology? Identify and briefly describe different network topologies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd