Description
Need help to discuss and explain chapter summary questions from the book Legal Environment of Business.
Explanation & Answer
Attached. Please let me know if you have any questions or need revisions.
1
Contract Performance, Breach, and Remedies
Student's name
Course name and number
Instructor's name
Dates
2
A.
Sun Farms and Val's Foods and Performance Discharge
The two parties performed a discharge by agreement through mutual rescission where
they form an afresh agreement that meets contractual legal requirements. Sun Farms provide an
offer, and Val's Foods accept it under specific considerations. Originally, Val's Food was to buy
1,500 pounds of basil, but after both parties entered into consideration, they saw that 925 pounds
were ideal for the new contract agreement. Agreements to cancel most executory contracts
(where both parties...
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