Bus Law Contracts

Essay specific features

 

Issue:

Business

 

Written by:

John J

 

Date added:

January 29, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 903

 

Was viewed:

8644 times

 

Rating of current essay:

 
Essay content:

If one party fails to act as promised, and the other party has fulfilled the duties under the contract, that party is entitled to legal relief. For example, Company A agrees to pay Company B $16,000 for computer equipment. Company B provides the equipment as required in the contract. Company A admits that the equipment meets the contract specifications but fails to pay within a timely manner...
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Company A admits that the equipment meets the contract specifications but fails to pay within a timely manner. Company B can sue for damages. Generally, the non-breaching party’s remedy for a breach of contract is money damages that will put the non-breaching party in the position that it would have had if the contract had been performed...
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