Foodmart, Inc. Learning Team Assignment Paper
Foodmart, Inc.
Learning Team Assignment
LAW/421
Foodmart, Inc.
Part 1 In order to provide a detailed assessment of the above mentioned scenario, a clear understanding of each step in the contract must be clear. A contract was established between Foodmart and Masterpiece Construction for renovation to one of Foodmart’s stores. With a deadline approaching, and an increase in contract requests, Masterpiece was not able to complete expectations of this contract. To remedy the situation, Masterpiece delegated the job to another company- Build to Them to Fall Construction.
According to Melvin (2011) parties in a contract may delegate, or transfer contract duties to a third party. Masterpiece, also known as the delegator, is giving the contract responsibilities to Build, also known as the delegatee. It is important to note that in the case of delegation, the delegator (Masterpiece) is still liable to Foodmart, but is not obligated to share the change with the original party, in this …show more content…
References
Cornell Law. (2013). Retrieved from http://www.lawcornel.edu
Cornell University Law School (2010). Legal Information Institute. Retrieved from http://www.law.cornell.edu/wex/negligent
FindLaw (2013) Impracticability http://dictionary.findlaw.com/definition/impracticability.html#sthash.nKH7O4zu.dpuf Melvin, S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York, New York: McGraw-Hill/Irwin.
Nolo (n.d.) Stim,R. Who lacks the capacity to contract. Retrieved from http://www.nolo.com/legal-encyclopedia/lack-capacity-to-contract-32647.html
Senior Magazine Online. (2013). Retrieved from http://www.seniormag.com/legal/oralcontracts.htm
The Law Handbook. (2013). Retrieved from http://www.lawhandbook.org.au/handbook/ch12s01s02.php
US Legal.com. (2013). Retrieved from
Learning Team Assignment
LAW/421
Foodmart, Inc.
Part 1 In order to provide a detailed assessment of the above mentioned scenario, a clear understanding of each step in the contract must be clear. A contract was established between Foodmart and Masterpiece Construction for renovation to one of Foodmart’s stores. With a deadline approaching, and an increase in contract requests, Masterpiece was not able to complete expectations of this contract. To remedy the situation, Masterpiece delegated the job to another company- Build to Them to Fall Construction.
According to Melvin (2011) parties in a contract may delegate, or transfer contract duties to a third party. Masterpiece, also known as the delegator, is giving the contract responsibilities to Build, also known as the delegatee. It is important to note that in the case of delegation, the delegator (Masterpiece) is still liable to Foodmart, but is not obligated to share the change with the original party, in this …show more content…
References
Cornell Law. (2013). Retrieved from http://www.lawcornel.edu
Cornell University Law School (2010). Legal Information Institute. Retrieved from http://www.law.cornell.edu/wex/negligent
FindLaw (2013) Impracticability http://dictionary.findlaw.com/definition/impracticability.html#sthash.nKH7O4zu.dpuf Melvin, S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York, New York: McGraw-Hill/Irwin.
Nolo (n.d.) Stim,R. Who lacks the capacity to contract. Retrieved from http://www.nolo.com/legal-encyclopedia/lack-capacity-to-contract-32647.html
Senior Magazine Online. (2013). Retrieved from http://www.seniormag.com/legal/oralcontracts.htm
The Law Handbook. (2013). Retrieved from http://www.lawhandbook.org.au/handbook/ch12s01s02.php
US Legal.com. (2013). Retrieved from