Business law questions Assignment Example | Topics and Well Written Essays - 750 words

business line law questions - Assignment Examplehe employee would still be ultimately responsible for the theft that they affiliated regardless of the extenuating circumstances of the case and the accompaniment that they paid back the amount at a later time.In short, the defendants were ultimately protected by the release that they had been able to go due to the fact that the employee had willingly accepted it at the time it was offered in full knowledge of whatever economic excruciation may or may not have existed at that time. Furthermore, the only way in which the complainant could have a legitimate case is if they were able to prove that they had been forced to sign the agreement under(a) another type of distress or duress. Ultimately, due to the fact that the employee signed the agreement with a audio mind and under the concord that they would be experiencing monetary benefit from the arrangement and would hold harmless the defendant for any further threat of legal act ion against them with regards to this incident. This particular situation has a level of delineate in with regards to the way in which many agreements are completed. Whether or not duress is implied within a given situation, consent to abide by the terms of a legally binding puzzle unavoidably precludes almost any further actions that can be made by such an individual with regards to such a situation. Although this is not necessarily ethical or fair, it does help to underscore the importance of reading and understanding the ramifications of what paperwork is signed and/or agreed to in any given situation.With regards to the binding nature of Corning Glass kit and caboodle to Hanan Consultants, the oral contract is of course non-binding. However, it should be noted that it is highly unethical to make an oral contract with a vendor and then fail to uphold it based upon the fact that it is no longer accessible for either party involved. Such actions have made it necessary for par ticipants in any contract to obtain written and legal promissory notes to ensure