The writer is very fast, professional and responded to the review request fast also. Thank you.
1. Owen sold his photocopying and laminating business for $45,000 to Miriam. As Miriam did not have the money to pay cash, Owen agreed to an immediate payment of $15,000 with the balance payable out of future profits over the next three years. In the first six months the business did well and Miriam was able to pay Owen a further $5,000. A competitor then opened nearby. This competitor was part of a well known chain of photocopying shops and as such had access to cheap supplies of laminating and copying materials. Consequently, the competitor was able to undercut Miriam’s business. Miriam’s profits fell alarmingly. Miriam advised Owen that financially she could no longer continue with the agreement and would have to close the business. Further, she accused Owen of knowing that the competitor was about to open up and therefore she was commencing legal action to rescind the contract based on fraudulent misrepresentation. Owen contacted Miriam and made the following comments: “I absolutely deny your accusation. By my reckoning you still owe me $25,000. However, if you continue with the agreement I’ll reduce that amount to $15,000.” Miriam accepted the deal. Six months later Miriam landed a huge contract laminating all the posters for a chain of tourist attractions along the north coast of New South Wales. Miriam’s profits have soared. Owen is now demanding that the original contract price be complied with (ie. Miriam pays the remaining $25,000). Is Miriam liable to pay the original contract price? Explain your answer.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more