Business Law Essay Example | Topics and Well Written Essays - 750 words - 17

Business Law - Essay Example Long Haul Moving Co. failed to make payments to Acme Box and Container Co. even after the company had manufactured and transported the boxes. Acme thus files a legal suit in which the company accuses Long Haul for breaching the contract. Such is an appropriate move that would settle the case. As discussed earlier, a contract is a legally binding document. As such, the contract alongside will explain the cases of each party thus discovering the liable party. Apparently, Long Haul refuses to pay for the services since Acme did not print the name of the company on the boxes as the two had agreed. With such, Long Haul will defend itself by explaining the box manufacturing company did not meet its obligations thus validating it refusal to make payments. According to the contract, Long Haul Moving Co. described the type and quality of boxes for the company to manufacture. Among the key features, that the company had described and include in the contract was the name and logo imprints. The two are fundamental features of the company. This implies that their placements on the packaging boxes were essential to the company. By failing to place them strategically as described in the contract, Acme Box and Container Co beached the contract thus compelling Long Haul to withhold payments. Another equally important feature of the contract that Acme Box and Container Co. did not meet was the time of delivery. According to the contract, Acme Box and Container Co. was to deliver five thousand boxes on May 1. However, the company did not beat the deadline thus delivering five hundred boxes on June 1. The two are important beaches of the contract and therefore formidable defenses for Long Haul Company. As explained earlier, parties enter the agre ement and promise to uphold the terms of the contract the type of the boxes including the tie of delivery were essential details