Contract Coursework Help
Hey gang - quick question in relation to my tutorial coursework for contract..
Ive been presented with a simple scenerio:
A works for B under contract for several years.
A and B are confronted with financial hardships, which leads to A agreeing to accept less money and perform the same duties untill 'the market improves'
A continues working under this agreement for several months.
B fails to pay A for three months (some 5 months after the ammendment) as B is going through immense financial hardships.
A wants to continue working for B under original rate. Advice A.
There are several issues here, many revolving around consideration. I.e. Is the second agreement valid based on contract principals, specifically, is there sufficient consideration in the new agreement which would be binding. Or can performance of a past contractual duty amount to consideration..
In your opinion, would you say the new agreement is an amendment to the original contract, where promissory estoppel would kick in, or would you classify it as an entirely new contract?
how would you (briefly) attack this problem?
Thanks for your input... this forum has provided some much needed advice!
Ive been presented with a simple scenerio:
A works for B under contract for several years.
A and B are confronted with financial hardships, which leads to A agreeing to accept less money and perform the same duties untill 'the market improves'
A continues working under this agreement for several months.
B fails to pay A for three months (some 5 months after the ammendment) as B is going through immense financial hardships.
A wants to continue working for B under original rate. Advice A.
There are several issues here, many revolving around consideration. I.e. Is the second agreement valid based on contract principals, specifically, is there sufficient consideration in the new agreement which would be binding. Or can performance of a past contractual duty amount to consideration..
In your opinion, would you say the new agreement is an amendment to the original contract, where promissory estoppel would kick in, or would you classify it as an entirely new contract?
how would you (briefly) attack this problem?
Thanks for your input... this forum has provided some much needed advice!
Quick Reply
Related discussions
- housing accommodation contract
- SQE help - ULaw or BPP
- Is it better to get a Training contract (TC) before or after the SQE?
- Law at SOAS
- Dental nurse appreticeship
- LLB Law at City, University of London
- Help with History Nea Coursework
- Studying the LPC
- Ask a BU Student Rep
- How to become food tech teacher?
- University of law online pgdl
- working whilst at university
- employment law
- Dropping a 4th A-level when UCAS is submitted
- Optional Law modules
- Should I pursue Law?
- How often do you work whilst at uni?
- Studio near UCL for Jan 2024 needed!
- Law degree
- looking for student accommodation in north london
Latest
Trending
Last reply 1 week ago
OCR A-level Law Paper 3 (H418/03) - 12th June 2023 [Exam Chat]Trending
Last reply 1 week ago
OCR A-level Law Paper 3 (H418/03) - 12th June 2023 [Exam Chat]
