Legal Advice for Cardigan's Situation
Attorney Strami
Strami and Hammond, Attorneys at Law
Cardigan's Contract Situation
A contract can be described as an agreement between two or more parties that generate obligations that are enforceable by law. Since contracts are promises enforceable by law, there are legal provisions that offer remedies or recourse if contractual obligations are breached. In order for contracts to be legally binding, they must entail exchange of a promise for sufficient consideration. The basic principles of formation of a contract include the existence of an offer, acceptance, and consideration. The determination of contractual obligations requires examining whether these principles exist in the specific situation.
Existence of a Contract
The major issue surrounding Camille and Sonya's situation is whether or not a contract was formed based on the basic contract principles of offer, acceptance, and consideration. Based on these basic contract principles, a contract has been formed between Camille and Sonya. It is quite evident that there was an offer made by Camille for Sonya to sew 500 unique sweaters and hat pair with Candie Cardigan's signature. This offer presented to Sonya involved exchange of a promise for enough consideration, which implied that it was legally binding ("Contract," n.d.). Secondly, there was acceptance of the offer since Sonya agreed to make every sweater and hat pair for $100. Third, there was consideration because Sonya agreed to work on the contract right away despite lack of down payment while Camille was planning to sell each pair of sweater and hat at $300. This implies that Camille and Sonya received valuable consideration for fulfilling their respective sides of the agreement. The crucial part of the initial offer...
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awarding audit contracts by U.S. government departments and agencies Audit Management Red Rationale for and Objectives of the project main and secondary Desktop or literature search Rationale for Search Methodology LITERATURE/DESKTOP RESEARCH Authoritative sources Desktop Findings Justification for audits Evolving role of auditors Types of audit contracts Understanding the Audit Process Best practices and benchmarking Terminology Case Studies Audit management is a fundamental element in government accountability, control and performance management. Certainly there is justification within the Federal government to conduct audits of contracts for the
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