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Suhail owns a multinational company that exports bags and shoes to various countries. Suhail enters into a contract with Tariq to do business in Oman.
Suhail owns a multinational company that exports bags and shoes to various countries. Suhail
enters into a contract with Tariq to do business in Oman. Suhail has given misleading statement of
facts during negotiations of the contract and this has influenced Tariq to enter into this contract.
Question
a. Is the contract in this case enforceable by law? Explain why or why not?
b. If Tariq repudiates this contract in the court of law, what type of contract is it?
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
