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business law Written Contracts and Cyber-Commerce Certain formalities are followcd in the construction of witten and electronic agreements. Even the simplest of contracts are carefully
business law
Written Contracts and Cyber-Commerce Certain formalities are followcd in the construction of witten and electronic agreements. Even the simplest of contracts are carefully witten and rescarched for legal complance. Concept Review: Certain situations call for written agreements whereas ofliers allow oral agreements to be entorceable. For each sltuation there are fegal rules that must be followed for the ternts to be clearly interpreted Certain formalities exist regarding signature requirements, witnesses, and ilcknowlediments? Case: Revid the minv case and answer the questions that rollow by using the beest answer Report: Sreve's Motor Bouts sold a glass bottom bont to Shannon Hathovay. Prior to the contract beting signed, the salesperson told Hathaway that Steve's would cover any probkers and maintenance issues that Hathaway might have with the boot. This framee was not included in the written document. After Hathoway took the boat out for the first time, she. encounteded several tssues and fook the boat bock to Stevers. 5teves refused to be of ary assistance. Suppose Steve's Motor Boat first has to run a credit report and background check before Hathanwiy can leave with the boat. It comes back that Hathaway fas filed aankruptcy and is being sued for indebtedness. Sleve's iefuses to sell Hathawny the boat. If it goes to court, will the judge allow oral evidence surrounding the Multiple Choice It will be allowed because a condition had to be met prior to the obligation to perform the sale. It will not be allowed because the oral evidence will change the terms of the agreement. No, because it will affect the enforceability of the contract. Yes, because it is part of the primary objective test. None of these Step by Step Solution
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