Management Affairs Essay Example | Topics and Well Written Essays - 1000 words

Management Affairs - Essay Example Their wedding is a huge event, anything related to this event also becomes famous. Their wedding cake is no exception. As soon as the couple ‘accepts’ the offer, an agreement is made between two parties to the contract. The legally binding contract is made as soon as the acceptance of the offer is made. The offer will be accepted by Choc Delux as soon as Kim is done negotiating with the company about the cake. Everything that the company communicates to the other party (Kim and Kanye) will become part of their contract agreement. They will be bound by the English law to abide by the agreement as diligently and prudently possible. There is a slight exception about enforceability of the contract; promises made in social/casual agreements are generally not enforceable under the UK Contract Law. However, this case is not social or casual. This is a business and given the magnanimity of the event also binds the two parties in certain obligations. For instance, in general circ umstances cancelling an order such as wedding cake would not be much news. This case is different as it will be a breach of agreement since it will be a huge loss to the Choc Delux Company if they lose the spot of providing cake for the big wedding. In case Kim breaches her agreement with the company she will be liable to pay the damages (the claim) from Choc Delux. The contract also states that Choc Delux is the sole provider of the wedding cake which means that if Kim and Kanye buy other cakes for their wedding then they will be in breach of the contract and will have to pay the claim in damages to the company. In case the breach happens from the couple’s side the company will see fit as to what kind of amount it seeks in damages. If the couple agrees to pay the exact amount (or any other form of compensation that the company sees fit) then the matter will be resolved. If the couple challenges the claim then they will have to settle it among themselves through