Bus 415 Week 4 Foodmart Inc Paper 3

Foodmart, Inc. Paper BUS 415 This paper will be covering four scenarios in which Team C had to summarize the contract law of legal defenses to contract formation and enforcement in scenario 1, compare and contrast potential legal and equitable in scenario 2, identify breach of contract and promissory estoppel in scenario 3, and analyze contractual issues unique to e-commerce in scenario 4. Finally, explaining how we thought the claims of each of the four scenarios would be resolved using contract law. Scenario 1 The case of Foodmart vs. Masterpiece Construction concerning an alleged breach of contract is very complex and multifaceted. In this case, in order to be truly certain as to who is in the right, the attorneys must analyze the contract carefully. In most business transactions like this one, the contract would specifically state whether or not the party, in this case Masterpiece Construction, has the right to subcontract and delegate responsibilities to outside companies. If the contract did indeed state the latter, Masterpiece Construction is not in breach of the contract between the two companies, and Masterpiece simply made a poor decision to subcontract to a subpar construction company. However, even if the contract included a