Contract Law Course Work

NameCourseTeacherDateMultiple Award ID /IQ Contracts : Perfected yet UnspecificIn the Article live Problems with Multiple Award Indefinite Delivery /Indefinite meter Contracts : A Primer , I found most elicit is the manner by which the contract of sales agreement is perfect . A contract of sale is defined as an agreement whereby the marketer transfers the property in justs to the bargain forer for a consideration c all tolded the expenditure (MacCluney v . Kelsey-Hayes Wheel Co , 87 F . Supp . 58 , it normally involves a specific typeface matter or good . In ID /IQ br contracts , the subject of the sale is not specific as to the manner of delivery and meat of m wholenessy , it strikes me as odd since in to perfect the contract , all that is needed is a minimum or maximum amount I believe that these types of contracts ar open to dispute as to the quality of the goodThe quality of the good in these types of contract are never mentioned only the quantity . The quality , which is the most significant aspect of the subject good , is left to future agreements mingled with the parties However , the problem repeals when by virtue of a perfected ID /IQ contract , the supplier is bound to produce goods for the regime and the supplier cannot back down from its obligation even if it is perverting to its credit line . An example of this is when the government requires a certain good from the supplier , which is very costly to make or to logical implication , the supplier cannot tell the government that since it would be detrimental to its business , it cannot get that particular good for the government . If the supplier argues it that focusing , then he shall be reasonable for breach chthonian the perfected contract .

This is only one of the problems that may arise from a perfected contract where the quality of the good is not particularly specified false Statement Statute : A Good disproof Against Misrepresentation yet is Easily ManipulatedMisrepresentations in the commercial terra firma abound , sellers are willing to make false representations or convenient omissions just to make a sale . In these commercial transactions , the buyers are being induced to buy the good not because of the true quality of the good barely because of its alleged superior attribute Sellers normally do not choose who they defraud , even the government is sometimes subject to this type of tactic especially on their contractsIn the Article vocation Ethics in Government Contracting by Claude B Goddard , Jr , he mentioned a statute which is being used by the Government in to protect itself from this type of fraud . The ill-considered Statement Statute , which makes it illegal for sellers to make false representations , is one of the government s aces to prosecute sellers with golden tongues but with brass goodsBy invoking the False Statement Statute , the government is able to hold sellers liable for all their representations as to the quality of the goods that they sell to the government , heretofore , this will not completely eliminate...If you want to get a full essay, order it on our website: Orderessay

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