Write a brief memorandum addressed to the PI owners. Write in depth, comprehensive analysis and explanations to support conclusions. Explain the following: A.Analyze and discuss how the standard form sales contract (created in Part 1. A. above) for purchase of paint from Naturals will help prevent or minimize contract disputes and possible liabilities. B.Analyze and discuss how the standard form e-contract (created in Part 1. B. above) for internet sales of PI paint will help prevent or minimize contract disputes and possible liabilities and losses. The PI owners are anticipating that as the business begins and becomes busy, potential contract-related problems and disputes could arise from purchases of paints and supplies from Naturals, and from sales of supplies and paints to local and internet customers. For example, the PI owners know from their prior business experiences, that hassles often develop with manufacturers when a company places an email purchase order to which the manufacturer does not reply, but simply ships nonconforming goods or ships orders too late to meet customer needs. Another problem area is related to internet sales where customers often claim the sales contract is confusing or incomplete sometimes resulting in mistakes in orders and cancellations. These problems can be time-consuming, detrimental to the bottom line, and can create damaging publicity and a negative image for any business. Pat and Gale, the lead consultants working with the PI owners, and you, along with the PI owners, Jo, Maddy, and Taylor have discussed these problems and the need to minimize disputes and liabilities for PI arising from its contract agreements. After several meetings, Pat and Gale ask you to develop sample form contracts designed to minimize contract sales disputes and possible liabilities for PI.
The purpose of this project is to create a plan that demonstrates your understanding of contract law.
The project requires you to identify and analyze legal issues and to make recommendations based on one or more fact patterns. These issues will relate to the concepts covered in weeks 4 and 5 about contract law.
You will also develop skills in developing a PowerPoint presentation, in writing a summary report and using critical thinking to write an in-depth comprehensive analysis.
recommend appropriate actions in the business environment based on an understanding of sources of law, legal process and procedure, and available remedies
analyze contractual rights, obligations, liabilities, and remedies in the business environment