Implied Contract Essay

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Contracts are used to dictate how an agreement between two or more parties, involved in a mutually beneficial relationship, will function in a way that is agreeable to all parties involved. There are many different types of contracts for many types of situations and they can cover a wide range of rules and regulations dependent each parties wants and needs. Sometimes the agreement between the parties involved changes, but it is not always so simple to change the terms of a contract. As Christians contracts have been in our lives for a long time. God made a contract with all of us from the very beginning and he has honored the terms of that contract ever since. “He remembers his covenant forever, the word that he commanded, for a thousand …show more content…

Many times because of ambiguous wording contract details are up for interpretation and courts need to intervene to resolve disputes. Contract disputes can sever business and personal relationships, but that does not need to be the case. Faith in God can sometimes be the mediation needed to resolve conflicts and mend relationships that otherwise would not have been strong enough to flourish. Continue Business with Marshall I would be apprehensive of doing business with Marshall in the future for a couple of reasons. The first reason is Marshall’s business tactics. In this particular case there was an “implied contract.” An implied contract is “a contract not created by express words but inferred by the courts either from the conduct of the parties or from some special relationship existing between them” (Law, 2015, p. 1). Marshall never stated how much product he wanted and how much he wanted to pay; yet he had a minor, who had no authority in the business, sign a contract to set a price scale for guaranteed continued business. The second reason that I would be apprehensive is the fact that the only written documents in this whole agreement were invoices, clearly requiring payment within 30 days, which Marshall failed to pay on time on a regular basis, which is a clear violation of the covenant of good

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