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Required information 1. Enforceability of Contracts and Consent Defects Enforceability of Contracts and Consent Defects After a 30-year career as a shipping logistics executive. Ishmael

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Required information 1. Enforceability of Contracts and Consent Defects Enforceability of Contracts and Consent Defects After a 30-year career as a shipping logistics executive. Ishmael retired and began to offer his services as a logistics consultant. Ishmael entered into a consulting contract with the general manager at Export Co to provide logistical advice to the compary for 12 months. The parties agreed in the contract that Export will pay Ishmael $5,000 per month on the last day of each month, Ishmael promised to devote " 100 percent of his professionol time" to Export for a period of at least eight consecutive weeks. 1b. Assume these facts for this question only. When... Assume these facts for this question only, When ishmael enters into the contract, he believes that Export only does business domestically. Once he start tis consulting services, he realizes that Export needs logistics consulting for intemational transactions, something ishmael is not expert in. If Export were to attempr to avold the contract what is the likely result? " They would not be able to avoid the contract but would be able to collect damages for losses incurred. They would not be able to avoid the contract, nor be abie to collect damages for losses incurred. They would be able to avoid the contract and would be able to collect damages for losses incurred. They would be able to avoid the contract and lshmeel would have to pay treble dameges foc losses incurred: They would be able so avoid the controct, but not be able to collect damages for losses incurred

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