Business Law Assignment
REPORT PRESENTING LEGAL POSITION OF DOMESTICS Ltd
Created by Legal Advisor, Domestics Ltd
Position examined regarding 3 following matters:
A) POTENTIAL CLAIMS
i) Relating to contract made with Raw Trade Ltd (supplier of raw materials) – a delivery has been made in breach of the contract, possibly resulting in losses of £50,000.
ii) Relating to contract of sale made with Bright Dealer Ltd (authorised dealer) – the dealer has failed to pay it's debt of £6000.
B) PROPOSED JOINT VENTURE
To manufacture refrigerated containers and trailers with Astra Ltd at new purpose built factory.
John Wright of the Board of Directors (lawyer also of Astra Ltd) is to sell own plot of land for sum of £1,000,000 for site of new factory.
Recommendation also included as to the type of business association which could be established most conveniently for this purpose.
The following headings identify points to be considered alongside the 3 matters above. Ongoing conclusions......
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Approximate Word Count: 3020
Approximate Pages: 13 (250 words per double-spaced page)
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