Purchase Solution

Contracts to Build a Store for Totally Chocolate Company

Not what you're looking for?

Ask Custom Question

Standard Construction, Inc. contracts to build a store for totally Chocolate Company, with TCC's payment it cannot pay SCI on time in this situation, who is in breach of contract and why?

Purchase this Solution
Solution Summary

The solution examines Standard Construction, Inc's contracts to build a store for totally Chocolate Company. The payment method is TCC which means it cannot pay SCI on time. The expert determines who is in breach of contract and why.

Solution Preview

Standard Construction, Inc. contracts to build a store for totally Chocolate Company. With TCC's payment it cannot pay SCI on time in this situation, who is in breach of contract and why?

Cheeseman 's Business Law text states, "Breach of contract occurs when a contracting party fails to perform an absolute duty owed under a contract."

According the above statement, Standard Construction, Inc (SCI) and The Chocolate Company (TCC) engaged in a contract to build a store. However, the statement does not provide the details of the contract, what payment (if any) should be rendered, and WHEN. How do we know if there was, in fact, a breach of contract? The statement only reflects that TCC cannot ...

Purchase this Solution
Free BrainMass Quizzes
Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

View More Free Quizzes
Related BrainMass Solutions

  • Grocery Stores: Online Contracts

    George sees a Grocery newspaper advertisement for a chocolate sauce which has been discontinued at a reduced price. The sauce is a key ingredient in a special cake recipe he uses in his catering business.

  • Grocery, Inc

    George sees a Grocery newspaper advertisement for a chocolate sauce which has been discontinued at a reduced price. The sauce is a key ingredient in a special cake recipe he uses in his catering business.

  • Foodmart contracted with Masterpeice (Masterpiece) Construct

    From a general standpoint, a company can legally use subcontract services as long as the subcontracted company can perform the work at a quality comparable to the original contracted company.

  • Marketing Plan: Chocolate Bliss Carob

    You have been with the company for a few years and have been selected to be on the team that will develop a marketing plan for the new product launch.

  • Advantages and Disadvantages of Private Label Products

    Write a report outlining the advantages and disadvantages of carrying a separate line of private label products. Private label can be a great way to increase profit and drive more customers to your store exclusively.

  • Grocery Inc

    Masterpiece, unable to complete the renovation within the six-month time limit due to a sudden increase in new contracts, sub-contracted the entire job to Build Them To Fall. Grocery was unaware of the sub-contract.

  • Expressing a Word problem as a System of Equations and Solving the System

    Now we can build system of equations for problem a and b.

  • Analysis of company, Cowgirl Chocolates

    Chocolate can be an impulse buy at a store, or a thought out, planned part of an event. As economic problems occur, people will still find ways to buy a chocolate bar, cup of hot chocolate, or a piece of chocolate cake.

  • Product Life Cycle Movement and Pace

    With the remarkable investment necessary for a totally new product, it is crucial that the whole subject be carefully studied. In fact, it may take years for a new product to develop from concept stage to market distribution.

View More Related Solutions