Business Law Grocery Paper - 2000 Words

Grocery, Inc. Located in Any State, U.S.A Grocery, Inc. is a retail grocery store with locations all over the United States of America (U.S.A.). Tom Green and Jeff fresh work for the store located in My Town, U.S.A. Tom is the produce manager and Jeff, 17 years old, is working for Tom in the produce department. The first scenario is the contract between Grocery, Inc. and Masterpiece Construction for the renovation of the store located on Main Street in My Town, U.S.A. The second scenario is an underage contract between Jeff and Smooth Sales Used Cars. The third scenario is a breach of contract and/or promissory estopple between Tom Green and Harry. The fourth scenario is regarding an e-commerce contract between George and Grocery, Inc.†¦show more content†¦Attorney John Roska’s column in Saint Louis Post-dispatch answers questions to a similar situation, the article states that a minor can cancel a contract at anytime for any reason as long as the minor informs the ot her party about canceling the contract and returns the car. After the minor returns the car, the other party must return the money received for the car since the car has been returned (Roska, 2007). Smooth could sue Jeff Fresh for fraud because Jeff did not inform Smooth of his age though it would not make it far in the courts due to a minor does not have a full understanding of contracts which is why the contract would be unenforceable. Smooth may be fined for not taking the necessary steps in checking age and not gaining the permission of the minor’s parents, or placing the contract in the parents’ names. Some legal and equitable remedies that may be used are compensatory damages, liquidated damages, and special performance. Compensatory damages are when the party whom the breach happened to gets compensated for the remainder of the contract as if the contract would have played out though the contract was never enforceable due to Jeff being a minor. If Smooth had written action which may happen if the contract was breached is considered liquated damages, Smooth may try to get Jeff’s parents to pay the remainder of the balance. Special performance means the person whomShow MoreRelatedSwot Analysis Of Woolworths And Coles Essay1270 Words   |  6 PagesHI5003S_T3_2016 - ECONOMICS FOR BUSINESS (HI5003S_T3_2016) Individual Assignment Self Check Link Shyam Rasiklal PATEL on Wed, Nov 23 2016, 9:21 PM 67% highest match Submission ID: e73a5c84-e084-428d-bdb8-c93beafd0672 †¢ Supermarket duopoly Final.docx Word Count: 1,208 Attachment ID: 144300849 67% Citations (6/6) 1. 1Another student s paper 2. 2Another student s paper 3. 3ProQuest Document 4. 4Another student s paper 5. 5Another student s paper 6. 6Another student s paper Supermarket duopoly andRead MoreFundamentals Of Macroeconomics Paper On Macroeconomics1272 Words   |  6 Pages Fundamentals of Macroeconomics Paper Macroeconomics is a study in which reflects the economy as a whole and the levels of total output, which is also referred to as national income. National income measures the value of an output produced in an economy over a period of time. In this paper gross will attempt to describe the economics related word terms such as gross domestic product (GDP), real GDP, nominal GDP, unemployment rate, inflation rate and interest rate in laymen. Also will describeRead MoreThe Swot Analysis Of Waitrose1530 Words   |  7 Pages The PESTEL Analysis of Waitrose Name Institution â€Æ' Waitrose is a chain of super-markets in United Kingdom focused on the grocery business. The organization as of 2010 had 228 retail branches only in UK making it the 6th largest retailer with a market share of 4.3% in UK (Corporate Watch, 2012). The grocery business is a major contributor to the food industry and forms the core of the retailing venture attracting many market players in UK such as Tesco, Iceland, Somerfield, Sainsbury’sRead MoreGrocery Inc.1309 Words   |  6 Pages Grocery, Inc. Paper It has been known for major companies to be in the light of the court for breach of contract. Depending on the stipulation of the contract most companies end up losing, but it is solely based on what the contract states. For example, in the matter of Grocery v. Masterpiece, (Specific performance, 2008) as a general rule, equity will not order acts that it cannot supervise. In many instances, specific performance is denied where courts would be unduly burdened with the taskRead MoreWal Mart Integrated Inventory Management Systems1420 Words   |  6 Pagesmuch more accurate and faster than if employees were to take inventory. The service that our product provides is to take this current technology and to implement it at a grocery stores as well as retail in the long run. This would be a new type of shopping experience where customers would have to register their credit cards at a grocery store of their choice. All products in the store will be marked with RFID tags as the customer le aves the store with their cart, the reader at the door immediately registersRead MorePest Analysis Of Target Corporation1158 Words   |  5 PagesManagement MGMT6057 Contemporary Business Management Professor: Albert Knab Date: 9 October, 2014 Prepared By: Sumiah AlGarni Table of Contents 1. Introduction 2. PEST analysis of Target Corporation a. The Entrance of Target Corporation in Canadian Market b. Political Factors c. Economic Factors d. Social Factors e. Technological Factors 3. Conclusion 4. References Introduction The use of PEST analysis can be seen effective for business such as their strategic planningRead MoreThe Marketing Environment: Wal-Mart Corporation1658 Words   |  7 PagesCorporation Wal-Mart is one of the worlds greatest assets to most people. It provides consumers a place they can go to virtually get anything they need from, car repairs, to groceries, prescriptions, even the latest toys and electronics. With all that said, this paper relates to the different forces in business that affects business: competitive, economic, political + legal + regulatory, technological, cultural + social, demographic, and natural forces. Although there are technically seven we are goingRead MoreWal Mart : The Face Of Twenty First Century Capitalism782 Words   |  4 PagesIntroduction In the Module 5 SLP, this paper will demonstrate the understanding of a peer-reviewed journal article as it relates to business ethics. My selection was a scholarly peer reviewed article named â€Å"Wal-Mart: The Face of Twenty-First Century Capitalism†. Wal-Mart s historical roots can be carefully mapped out. The company did not become the world s largest corporation overnight. That process took decades, as several chapters from the book demonstrate (Lichtentstein, 2006). Nelson LichtensteinRead MoreThe Noose Tightens For Two Important Reasons961 Words   |  4 Pagesenvironment for the Jews. They begin rationing goods and making it harder for Vladek’s family to work. Most of the business done by Vladek or his father-in-law must be dealt with on the black market in order for the family to get their basic needs. Nahum Cohn and two other Jews were taken away for dealing goods without coupons. Vladek’s and him father-in-law did quite a bit of business with h im because he owned a dry goods store. Vladek also says he traded with one of the other men Pfefer, a ZionistRead MoreMap the Supply Chain Paper813 Words   |  4 Pagescustomers across the world. The Coca-Cola Company uses an efficient, extensive network of distributors to reach retailers, and ultimately, their consumers, making their products available when and where customers want them. Map the Supply Chain Paper The Coca-Cola Company is America’s number one soda brand and has been consumer’s drink of choice for decades. Coca-Cola does not sell just for its great taste, but also for its effective marketing strategies and sustainability. According to the