Analysis of Contract Issues

Analysis of Contract Issues The picture redact company quick Takes Video (QTV) is currently experiencing a honorsuit by the video editing softwargon and equipment company Non-Linear Pro (NLP) for get out of exact. The softw be was leased to QTV for a three-month trial period. When the equipment arrived, Janet, one of QTVs employees inadvertently write a three-month shove bridge. She was under the impression that it was a manner of speaking slip. Because Janet signed the contract, NLP is holding QTV li adequate to(p) for paying for the three-month lease. A few geezerhood before the delivery an executive film director of QTV do an agreement with a salesman of NLP to try fall out the editing equipment. The salesman told the executive that it should take no more than dickens days for the QTV staff to operate the product successfully. The QTV employees worked hard for deuce weeks onerous to operate what proved to be faulty and twisted equipment. The executive decided to send the equipment back to NLP as the omit of production was costing the company valu fitting cartridge holder and money. practically to his surprise, he was informed NLP was suing QTV for breaking the contract that Janet did non even realize she signed.

Contract Issues According to Cheeseman (2010), A contract is a promise or a set of promises for the breach of which the truth gives a remedy or the performance of which the law in some way recognizes a duty. The duty in this situation is that QTV is bound by the contract to pay the three-month lease. The executives of QTV are trying to argue that Janet had no endorseme! nt to sign a contract; therefore NLP should not be able to successfully sue the company. After speaking with the lawyer, they learned differently. Janet regularly orders items for the company and signs sales slips quite frequently. It was implied to the man delivering the equipment for NLP that Janet has the potence to sign a contract. This is called implied authority, which makes QTV liable for paying the money for the three-month...If you consent to get a full essay, order it on our website: OrderCustomPaper.com

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