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Please respond to the following:

--Your neighbor agrees to have landscaping work completed which would improve the value of the homes in the neighborhood. The contractor destroys your lawn and your neighbor refuses to pay for the work. He had to borrow money from the bank for this purpose.

In this instance, identify the intended, incidental, done, and creditor beneficiaries in this case. Which of these might be entitled to damages in a lawsuit?

--Analyze when the performance of a contract might be excused based upon an objective impossibility or commercial impracticability.

Upholding Contracts

Please respond to the following:

--In general, assess how stringently the terms of upholding a contract should be. In case of a lawsuit, assess how literally the court should interpret the contract.

--Evaluate the different types of damages, consequential, nominal, and liquidated, that can be awarded and how each type is assessed.

 

 

 

 

 

Accounting Basics, Accounting

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