1. Look up a lawsuit among two businesses in your market. What is the lawsuit about? What are the major points of contention? Write a couple of paragraphs on how you would approach resolving the conflict.
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The lawsuit among the two businesses is regarding the performance of obligations under a contract and the payment to be made as a result of such performance.
The major point of contention is whether the obligation under the contract has been discharged. If such obligation has indeed been discharged by one party, the other party would have to pay the consideration as mandated by the contract.
If the contract has an arbitration clause, parties would proceed for arbitration proceedings. If not, the conflict is taken to the court, it would be resolved by interpreting the contract to determine what would constitute discharge of duties under the contract. If the party has fulfilled its promise as per the interpretation, the other party would be liable to pay the consideration for the same.
The major point of contention is whether the obligation under the contract has been discharged. If such obligation has indeed been discharged by one party, the other party would have to pay the consideration as mandated by the contract.
If the contract has an arbitration clause, parties would proceed for arbitration proceedings. If not, the conflict is taken to the court, it would be resolved by interpreting the contract to determine what would constitute discharge of duties under the contract. If the party has fulfilled its promise as per the interpretation, the other party would be liable to pay the consideration for the same.
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