Categories
Business Management

Contract Creation and Management Project

Contract Law

The simulation involving Non Linear Pro and Quick Takes Video raises a number of issues on contract formation and the binding nature of contracts. Further, it also raises the issue of the implications of contract violation and the concept of express agency. Non Linear Pro is suing Quick Takes Video for not paying the three month lease on equipment Quick Takes claims was nonfunctional and it barely used for 1 month. Regardless, of whether or not the equipment functioned, Quick Takes failed to follow the correct legal procedure, and by doing so, forfeited their right to claim damages. Instead of following the right procedure and first highlighting the breach of contract by Non Linear Pro, through the provision of nonfunctional equipment, before withholding payment, Quick Takes disregarded procedure and simply withheld payment.