Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You own a public relations consulting business and have a close friend who is opening a bicycle shop. To promote his new business, he wants

You own a public relations consulting business and have a close friend who is opening a bicycle shop. To promote his new business, he wants you to develop signage and a logo, produce television and radio ads, and establish an interactive website. This will be a $15,000 project. However, your friend is adamant about not signing a contract and says, "We are friends! No need to get lawyers involved; we trust each other." Being familiar with contract law, you know that since you are providing a service rather than selling physical goods, an oral contract will be valid for amounts over $500. However, you know that your friend gets busy at work and might forget the exact terms of your oral agreement. What step or steps might you take to protect yourself from a future disagreement without a formal written contract?

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

Law Express Constitutional And Administrative Law

Authors: Chris Taylor

6th Edition

1292210109, 978-1292210100

More Books

Students also viewed these Law questions

Question

3. Call on low achievers as often as you do high achievers.

Answered: 1 week ago