Reference no: EM133838484
Question 1:
In your main posting, address the following
Analyze a real or hypothetical scenario where a breach of contract could occur.
Examine the types of damages or remedies that may be applicable, including options for equitable remedies.
Explain the role that an accountant could potentially play in the scenario.
Question 2:
In your main posting, address the following:
Assess who bears the risk of loss in various scenarios under the Uniform Commercial Code (UCC).
Explain how the contract terms such as FOB shipping point and FOB destination affect the risks for each party.
Propose best practices related to the drafting, interpretation, and enforcement of contracts.
Assignment
Prior to beginning work on this assignment, read Chapters 19, 20, 21, and 22 of your textbook Business Law: Text and Cases.
Review the following case procedures:
Case 19-6: Damages
Case 20-4: The Statute of Frauds
Case 21-4: Goods Held by the Seller or Lessor
Case 22-5: Remedies for Breach
Address the following key points in your paper:
Assess the type(s) of damages that Morris would most likely be awarded and how the damages would be measured. (Case 19-6)
Explain whether the parties have an enforceable contract under the Statute of Frauds. (Case 20-4)
Analyze which party suffered the loss and why. (Case 21-4) Get assignment help services from verified experts!
Evaluate whether Reefpoint can rescind the contract and obtain a return. (Case 22-5)
Examine whether Forman is entitled to recover the difference between Reefpoint's payment and the contract price. (Case 22-5)
Assignment Requirements
The Contracts and Remedies Case Study Set paper
must be 3 to 4 double-spaced pages in length (not including title and references pages)