LEG: 500 Law, Ethics and Corporate Governance

Imagine you are a senior manager in a U.S. manufacturing firm, procuring component parts and services from various states.

• What is required for a valid contract? Per the Chapter reading, explain contract formation and differences pursuant to common law versus the Uniform Commercial Code. Why is it important to distinguish and identify which applies in business?
• Using the Strayer University legal research tool (see the link in Announcements), research one breach of contract case involving two U.S. businesses within the last year.  Explain the facts of the case, the dispute, and the outcome if the case resolved.  Post and show your source for information. The [C2C School] case is not acceptable for this discussion. Please find a case example no other student has posted on or no credit will be awarded.