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Course: Contract Law 11 Question 1 Apex plc has a contract with Nadir Ltd. Apex tell Nadir that unless Nadir enters into a five year
Course: Contract Law 11 Question 1 Apex plc has a contract with Nadir Ltd. Apex tell Nadir that unless Nadir enters into a five year contract with Apex's subsidiary, Crux Lad, on terms which are particularly advantageous to Crux Ltd, they (Apex) will terminate their agreement with Nadir Despite the fact that the terms suggested mean that Nadir will make a loss on the deal with Crux, they agree because of the value which they place on their contract with Apex Two years later, Apex go out of business. Nadir now want to escape from the contract with Crux Advise Nadir Would your answer be different if Apex's threat, rather than being to terminate their agreement was not to renew their contract with Nadir? 20 marks
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