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Breach of Contractual Relationship and Remedies

   

Added on  2023-01-03

8 Pages1950 Words97 Views
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Business law and ethics.
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Advise Raymond on possible remedies available to him............................................................3
Samantha had paid Raymond the 200 three weeks earlier than the debt actually due, and
Raymond had agreed to this........................................................................................................4
Legal position if Raymond had requested had payment from Samantha as full and final
settlement.....................................................................................................................................4
What advise do you have for Samantha......................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................8
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INTRODUCTION
Business law determines the minimum standard of behaviour expected of companies and
sole proprietorship. Business ethics go beyond simple legality. This is important aspects where
companies are agreed with all the documents which are highly required for the business.
Through that businesses have benefit to protect their agreement in effective manner. The present
study is based on the Breach of contractual relationship and remedies. in this case study,
Raymond works as an accountant at company and their contract is breach. The repot will give
advice Raymond on possible remedies available to him. This will reflect on different Samantha
had paid Raymond the 200 three weeks earlier than the debt was actually. This would be
reflected on the legal position has been requested to payment. At the end o report will include
advise do you have for Samantha.
MAIN BODY
Advise Raymond on possible remedies available to him.
In the Breach of contractual relationship and remedies, are available various remedies
which are helpful for the business and for person who face breach and losses from the business
in negative manner. In that Raymond can make case on the company because they are work at
company in the sole proprietorship. He is joining company with 800 pounds but company not to
pay more and breach the contract. But company not pay full final settlement amount to them in
that Raymond have right to make case on company against of breach of contract. There re
various remedies are available which are as follows:
Raymond have right to sue on company against of breach contract:
In that Raymond have right to make Sue on the company against of their breach
contractual relationship. Contract make agreement between the Samantha and Raymond of 800
pound paid against of their work. But company breach this contract because of unpaid system
(Alder and Wilkinson, 2016). In that management need to settlement for business and with
Raymond to give full and final settlement amount to the person. If company not provide this then
make new contract about making possible changes.
Make settlement agreement:
On another side, company can make another agreement with settlement which is
mentioned with settlement amount. This is another remedies which is available for Raymond can
use for collect their money from company in effective manner. This creates positive impact on
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