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ratelena [41]
3 years ago
11

Oren and pat are parties to a contract for the management of oren's residential rental properties. a dispute arises between them

over the obligations due under the contract. they negotiate a compromise and form a different agreement to substitute for the original one. this settlement agreement does not require
Business
1 answer:
Vanyuwa [196]3 years ago
4 0
A compromise, or settlement agreement, that arises out of a genuine dispute over the obligations under an existing contract will be recognized at law. The agreement will be substituted as a new contract when there is <span>the agreement by the parties to the new contract </span>and will either expressly revoke and discharge the obligations under the prior contract.  It does not require the intervention of the law.  
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Steel mill inc. Makes steel forms of substandard quality. Tower building company has never bought or used a steel mill form, but
rjkz [21]

The best ground on which the defendant ( Company S ) can dismiss the suit filed by the plaintiff (Company T) is the standing to sue.

<h3>What is standing to sue?</h3>

Standing to sue refers to a situation where the plaintiff who has filed the case must prove with appropriate proof of having damages or injuries in respect of the conduct of the defendant.

In the provided case, Company T has to prove that the products of Company S are actually defective through appropriate evidence. If Company T can't able to prove their alleged claim before the court, then the case is decided in the favor of the defendant party, that is, Company S.

Therefore, the standing to sue can be used as a ground by Company S for dismissing the claim of Company T.

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4 0
2 years ago
If a local company were to break contract with a retailer and no deliver the products requested, what type of law would be broke
Lorico [155]

If a local company were to break the contract with a retailer and not deliver the products requested, Civil law would be broken.

When one party doesn't carry out their obligations as stated in the contract, there is a breach of the agreement. That could involve anything trivial like making a payment a few days late or something more significant.

<h3>What is the most common breach of contract?</h3>

The most frequent remedy for contract violations is this one. When compensatory damages are granted, a court requires the party who violated the contract to give the victim enough money to fulfill their contractual obligations elsewhere.

A breach of contract occurs when a promise that is a component of a contract is not kept without a valid justification. This includes failing to perform in a way that complies with industry standards or any express or implicit warranty requirements, such as the implied warranty of merchantability.

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7 0
1 year ago
The SBA is a source of assistance that provides small businesses with the following
Colt1911 [192]

Answer:

  • government contracting
  • advocacy
  • entrepreneurial development
  • access to capital

Explanation:

SBA is a US government agency whose core mandate is to support the growth of small businesses. The Small Business Association(SBA),  promotes economic growth by providing useful resources and information to help them start and develop small businesses.

The  SBA supports the advancement of small businesses in the following ways.

  1. Education and training,
  2. Providing information and links to affordable credit
  3. Connecting to government contracts
  4. Offering business advise
7 0
3 years ago
Which of the following is not an example of how media coverage of the Space Race affected the economy?
mrs_skeptik [129]

Correct option: The media only covered positive elements of the Space Race and never mentioned any setbacks.

The above given option does not talk about any aspect of media coverage of the space race and its effects on the economy. Covering only positive aspect without explaining its economic implications does not have any positive or negative effect on any economic activity, externalities or economic well being of any country. On the other hand, option B , C and D talks about economic implications.


7 0
3 years ago
Read 2 more answers
Crigui Music produces 60000 CDs on which to record music. The CDs have the following costs: Direct Materials $13000 Direct Labor
gizmo_the_mogwai [7]

Answer:

$35,000 is the maximum amount that Crigui should pay

Explanation:

Total cost if manufactured internally;

Direct materials $13,000

Direct labor 15,000

Variable overhead 3,000

Fixed overhead 7,000

————

Total cost $38,000

Therefore, $38,000 - $3,000 (unavoidable cost) = $35,000

7 0
3 years ago
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