Business Law Case Studies: Contract Formation, Breach, and Remedies
VerifiedAdded on  2023/06/12
|6
|971
|327
Case Study
AI Summary
This assignment presents three case studies related to contract law. The first case examines whether Ida can sue JAM and Sam for breach of contract concerning the publication of certain photographs, concluding that no breach occurred under the law. The second case analyzes whether Lisa formed enforceable contracts with ABC and DEF publishing companies, determining that valid contracts were indeed formed with both. The third case assesses whether Jojo is legally entitled to damages and fees from Albert for accounting classes provided, concluding that Jojo can claim the fees he is owed. The document is available on Desklib, a platform offering a wide range of study resources including past papers and solved assignments.

Running head: BUSINESS LAW
Business Law
Name of the Student
Name of the University
Author note
Business Law
Name of the Student
Name of the University
Author note
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser

1BUSINESS LAW
Case Study 1
Issue
The issue of the scenario is whether Ida will successful in suing JAM and Sam for the breach
of contract.
Rule
As per the Contract Law, it can be observed that a contract is formed when party is
agrees the offer that is being accepted by the other party based on a consideration. When a
contract is formed, the terms and clauses discussed between the parties must be clear and
precise. The purpose of this is that no confusion must arise later (Knapp, Crystal and Prince
2016). If either of the party fails to carry out the activities and duties then the contract will be
considered to be invalid. The consideration not being fulfilled is also a reason for the contract
to be declared invalid as observed in the case of Laidlaw v Organ, (1815). Misrepresentation
can also make the contract be invalid.
Analysis
According to the scenario, Ida, a 20 year old top ranked player had entered into the
contract with Sam who was an photograph. The contract was regarding an arranged
photoshoot of Ida that will be published in the cover page of JAM. Ida was promised that the
negatives of her pictures will get destroyed and not published. However, after the photoshoot,
Sam took topless pictures for his personal collection and was again promised that it will not
get leaked. Thereafter, Ida found out that her topless pictures were sold them to a not well
respected magazine. Therefore, Ida wanted to sue JAM and Sam for committing such
activities. If the law is applied in this scenario, then Sam is not liable for committing breach
of contract as he had promised not to publish it in the JAM magazine.
Case Study 1
Issue
The issue of the scenario is whether Ida will successful in suing JAM and Sam for the breach
of contract.
Rule
As per the Contract Law, it can be observed that a contract is formed when party is
agrees the offer that is being accepted by the other party based on a consideration. When a
contract is formed, the terms and clauses discussed between the parties must be clear and
precise. The purpose of this is that no confusion must arise later (Knapp, Crystal and Prince
2016). If either of the party fails to carry out the activities and duties then the contract will be
considered to be invalid. The consideration not being fulfilled is also a reason for the contract
to be declared invalid as observed in the case of Laidlaw v Organ, (1815). Misrepresentation
can also make the contract be invalid.
Analysis
According to the scenario, Ida, a 20 year old top ranked player had entered into the
contract with Sam who was an photograph. The contract was regarding an arranged
photoshoot of Ida that will be published in the cover page of JAM. Ida was promised that the
negatives of her pictures will get destroyed and not published. However, after the photoshoot,
Sam took topless pictures for his personal collection and was again promised that it will not
get leaked. Thereafter, Ida found out that her topless pictures were sold them to a not well
respected magazine. Therefore, Ida wanted to sue JAM and Sam for committing such
activities. If the law is applied in this scenario, then Sam is not liable for committing breach
of contract as he had promised not to publish it in the JAM magazine.

2BUSINESS LAW
Conclusion
It can be concluded from this scenario that Ida will have no right to sue Sam and JAM
for breach of contracts as they did not commit any breach as per the law.
Case Study 2
Issue
The issues that have been identified in this scenario are whether Lisa had formed a
contract with ABC, DEF, both or neither. Another issue states whether Lisa has created an
enforceable contract.
Rule
The Contract Law states that for a contract to be formed, certain elements are
required. At first, there must be an agreement formed between the parties including the
concept of offer and acceptance (Poole 2016). Consideration plays a significant role
thereafter, the persons entering into the contract must have the capacity to enter and the
agreement created should be legal in nature as observed in the case of Heye v. American Golf
Corp. A contract cannot be illusory. It means that either there is no true consideration or the
contract is not binding on at least one of the parties.
Analysis
Contract Law is applicable in this case study as it can be observed that Lisa has sent
the same offer to ABC, DEF and other five publishing companies for publishing her book
Basket Weaving for Fun and Profit. However, ABC had accepted the offer of Lisa and
therefore a valid contract was formed. It was a valid contract since it was in a written form.
Conclusion
It can be concluded from this scenario that Ida will have no right to sue Sam and JAM
for breach of contracts as they did not commit any breach as per the law.
Case Study 2
Issue
The issues that have been identified in this scenario are whether Lisa had formed a
contract with ABC, DEF, both or neither. Another issue states whether Lisa has created an
enforceable contract.
Rule
The Contract Law states that for a contract to be formed, certain elements are
required. At first, there must be an agreement formed between the parties including the
concept of offer and acceptance (Poole 2016). Consideration plays a significant role
thereafter, the persons entering into the contract must have the capacity to enter and the
agreement created should be legal in nature as observed in the case of Heye v. American Golf
Corp. A contract cannot be illusory. It means that either there is no true consideration or the
contract is not binding on at least one of the parties.
Analysis
Contract Law is applicable in this case study as it can be observed that Lisa has sent
the same offer to ABC, DEF and other five publishing companies for publishing her book
Basket Weaving for Fun and Profit. However, ABC had accepted the offer of Lisa and
therefore a valid contract was formed. It was a valid contract since it was in a written form.
⊘ This is a preview!⊘
Do you want full access?
Subscribe today to unlock all pages.

Trusted by 1+ million students worldwide

3BUSINESS LAW
DEF also signed and accepted the offer that was sent by Lisa. Therefore, it was also Lisa with
ABC and DEF. formed an enforceable contract.
Conclusion
It can be concluded from this scenario Lisa had formed an enforceable contract with
both ABC and DEF.
Case Study 3
Issue
The issue of this scenario is whether Jojo will be legally entitled for the damages and
fees casued.
Rule
According to the Contract Law, when a contract is formed between the parties and
either of the party fails to carry out then the other party will be held liable for the damages
(Jain 2015). When one party is entitled to receive the compensation, the other party is bound
to clear it if they have formed a contract. Therefore, both the parties have their own duties
that should be carried out accordingly.
Analysis
The case study explains that Albert and Jojo had formed a contract with the
consideration of having $300 per hour for giving accounting classes for CPA exam, which
Albert was appearing. Albert took all the possible help from Jojo, felt confident for appearing
the exam, and therefore did not require any classes from him. However, Jojo was not paid for
the months of June, July and August that he was entitled to (McKendrick 2014). By applying
the law, it can be stated that he can claim for the fees that he is entitled to receive.
DEF also signed and accepted the offer that was sent by Lisa. Therefore, it was also Lisa with
ABC and DEF. formed an enforceable contract.
Conclusion
It can be concluded from this scenario Lisa had formed an enforceable contract with
both ABC and DEF.
Case Study 3
Issue
The issue of this scenario is whether Jojo will be legally entitled for the damages and
fees casued.
Rule
According to the Contract Law, when a contract is formed between the parties and
either of the party fails to carry out then the other party will be held liable for the damages
(Jain 2015). When one party is entitled to receive the compensation, the other party is bound
to clear it if they have formed a contract. Therefore, both the parties have their own duties
that should be carried out accordingly.
Analysis
The case study explains that Albert and Jojo had formed a contract with the
consideration of having $300 per hour for giving accounting classes for CPA exam, which
Albert was appearing. Albert took all the possible help from Jojo, felt confident for appearing
the exam, and therefore did not require any classes from him. However, Jojo was not paid for
the months of June, July and August that he was entitled to (McKendrick 2014). By applying
the law, it can be stated that he can claim for the fees that he is entitled to receive.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser

4BUSINESS LAW
Conclusion
It can be concluded stating that Jojo can claim for the fees he is entitled to receive
from Albert.
Conclusion
It can be concluded stating that Jojo can claim for the fees he is entitled to receive
from Albert.

5BUSINESS LAW
References:
Jain, S., 2015. Types of Contracts: General and Specific Contracts.
Knapp, C.L., Crystal, N.M. and Prince, H.G., 2016. Problems in Contract Law: cases and
materials. Wolters Kluwer Law & Business.
McKendrick, E., 2014. Contract law: text, cases, and materials. Oxford University Press
(UK).
Poole, J., 2016. Textbook on contract law. Oxford University Press.
References:
Jain, S., 2015. Types of Contracts: General and Specific Contracts.
Knapp, C.L., Crystal, N.M. and Prince, H.G., 2016. Problems in Contract Law: cases and
materials. Wolters Kluwer Law & Business.
McKendrick, E., 2014. Contract law: text, cases, and materials. Oxford University Press
(UK).
Poole, J., 2016. Textbook on contract law. Oxford University Press.
⊘ This is a preview!⊘
Do you want full access?
Subscribe today to unlock all pages.

Trusted by 1+ million students worldwide
1 out of 6
Related Documents

Your All-in-One AI-Powered Toolkit for Academic Success.
 +13062052269
info@desklib.com
Available 24*7 on WhatsApp / Email
Unlock your academic potential
Copyright © 2020–2025 A2Z Services. All Rights Reserved. Developed and managed by ZUCOL.