Write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
Your boss read an article on contract law and became concerned that proper contracting rules will be applied in subcontracts you will issue in the future. Specifically, you have been asked to meet with your boss and others in the department. You were asked to explain how agency law and the Uniform Commercial Code complement each other in cases where contract disputes arise. Discuss the following:
- Discuss important elements of agency law related to employee commitments to other companies.
- Explain the provisions in the Uniform Commercial Code that are important when one company finds it necessary to stop the shipment of products from their subcontract supplier