Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hilda owned several businesses in New Jersey. Given that the population in the United States is getting older, she started a new business manufacturing a

Hilda owned several businesses in New Jersey. Given that the population in the United States is getting older, she started a new business manufacturing a lotion to soothe aching muscles and joints. The lotion is called Calm Natural Safe (CNS). Hilda created the lotion using natural ingredients and other materials.

Milly's Global (MG), a company based in New Jersey, wants to buy 1000 bottles of CNS. Each bottle costs $20.00.

She has retained your law firm (Hamer, Huerta, Jordan, and Yousafzai) to make contract between Hilda and MG. A partner at the firm has asked you to addressing the following:

  1. What additional questions would you want to ask Hilda so you can properly prepare the contract?
  2. What are the requirements for the proper formation of a contract?
  3. What if the parties want to modify the contract?
  4. Include a clause that you feel should be included in the contract. Explain why you noted this clause.
  5. What is the statute of limitations to sue if there is a breach of contract? Set forth the law to support your conclusion.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Criminal Law Cases And Materials

Authors: Joshua Dressler, Stephen Garvey

9th Edition

1647087708, 978-1647087708

More Books

Students also viewed these Law questions

Question

What are the three categories of time? (p. 291)

Answered: 1 week ago