Contract Law: Advice on Claiming Remedies and Rights

Contract Law

Introduction
A contract is an agreement that is legally enforceable between at least two meetings in which
each one expects a legal commitment that must be completed. There are several aspects of daily
life including contracts, including buying a property, applying for vehicle credit, specifying
work-related administrative work, and agreeing to terms and conditions1.
Legal issues, including contracts, appear regularly when a meeting fails to implement the legal
commitment it has agreed to make2. When a meeting agrees to neglect to play, the other party
may regularly sue for damages or, in some limited cases, may ask the court to proceed with the
power of the other party was promised.
Contracts can be a source of valid discussions when they are not clearly made. Meetings that
have a misunderstanding of the arrangements can sue each other and bring a court to resolve the
dispute. In addition, when an organization signs an agreement and subsequently leaves the
business or fails its warranties, the other party may have to seek legitimate business in a general
or liquidation court to get help.
This assignment is based on advice suggested to Mark related to claiming any remedies and
rights against Rob.
Solution to the situation
The nature of contract between both parties; Mark and Rob is of business to business type. In this
contract; services are rendered for a fee or when precise services need to be provided and
thinking about all the possible outcomes of contracts means being assured of clear conditions
that should be met in order to implement an agreement 3. Mandatory consent can go to court.
In terms of getting paid, a business contract will outline details on:
 Terms around when the project needs to be completed:
 What must be delivered
 When payment is due
1 Posner, E. A. (1995). Contract law in the welfare state: A defense of the unconscionability doctrine, usury laws, and related
limitations on the freedom to contract. The Journal of Legal Studies, 24(2), 283-319.
2 Peel, E., & Treitel, G. H. (2007). The law of contract (pp. 1-2). London: Sweet & Maxwell.
3 Schwartz, A., & Scott, R. E. (2003). Contract theory and the limits of contract law. Yale LJ, 113, 541.