Highlights
Assessment on Business Law:
Question 1.
Gourmet Table decided to sell T-Shirts as a promotion for the restaurant. Britney is given the job of setting up the display in the restaurant. Britney puts up a sign with the price of the T-Shirts at $5.00. The price of the T-shirts should have been $35.00. Amy decides since the T-shirts are such a good buy she would buy 10. She approaches Britney with her money.
Question 2.
Gourmet Table has decided to upgrade their fridges and want to sell the six fridges they currently have in the kitchen.
They know that Damien at Tucker Box Restaurant is currently setting himself up and decide to contact him.
Adam (by agreement with Charlie and Ben) sends Damien an email at 5 pm on Wednesday night asking Damien if he is interested in your six fridges for a total of $3,000.
Damien responds at 5.30 pm saying “Will only pay $2,500. What say you?”
At 9.00 am the next morning Adam sends Damien an email saying “Okay, good, we can agree on a price of $2,500.”
At about the same time Damien sent an email to Adam saying “Cancel my earlier counter-offer. I will take the fridges for $3,000 as I need them as soon as possible and I cannot bother with haggling over the price.”
According to the electronic records
Question 3.
Gourmet Table has had enough of their chef Edward’s mistakes in the kitchen and terminates his employment.
As he is leaving he fires off the following words to you, “I am going to join Tucker Box Restaurant down the street and wherever I go I am going to help make it so much better than your Gourmet Table restaurant.
” You point out to Edward that when he was hired you put into his contract an express clause that says: “I, Edward Smith, agree, upon my leaving the employment of Gourmet Table Restaurant, agree not to work at any other restaurant within a five kilometers radius of Gourmet Table, for a period of 24 months.”
He has signed the contract at the end and remembers reading that clause.
Is Edward bound by the ‘restraint’ clause in the letter? If so, why? If not, why not?
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