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Law course ( ) - Case Study Example

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This is a delicate case and the complication has arisen out of Edward Sherman, proprietor of Adgraphic's prevarication at a critical time, leading to his censorship by the prospective buyer, William Lyon who after initially offering to buy Adgraphics for $ 75,000 appears willing to close the deal at Sherman's counter offer price of $ 80,000…
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Law course ( )

Download file to see previous pages... This puts Renault in a safe albeit embarrassing position. Nonetheless, Lyon's decision to sue Sherman for breach of contract may have some merit. On his part, Sherman could use the argument that he is not under any legal obligation to sell his business only to Lyon. He could strengthen his case if he has included the clause that the counteroffer is subject to cancellation by the present owner of Adgraphics without assigning any reason whatsoever.
In this case the role of Robert Renault of V.R. Brokers is crucial in bringing about an amicable, out-of-court settlement. A court proceeding could prove to be messy for Sherman and question his personal integrity.
The case is tilted in favor of Lane, manufacturer of Zeus bran butane. It is just as good as any open-and-shut case. The tragic end of the victim, Stephen Pavlik's life is the result of his own desire to "get high" by inhaling the dangerous substance which the manufacturer has already cautioned against in bold capitals on the fuel's can. The victim was 20 years of age when the accident occurred. As such, he was quite mature and fully aware of the dangerous consequences of his debilitating addiction. ...Download file to see next pagesRead More
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