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Discussion: Nnegotiating Contracts

Discussion: Nnegotiating Contracts

Chapter 11 Part 2: 800 words
Case question #3 on page 266, ..
https://casetext.com/case/marquette-company-v-norcem-inc _NY_(1985).
Take a look at this case, which explains what happens when a defendant receives a summons to appear in a law suit and then either ignores the summons or fails to appear. This is a cautionary tale that explains what happens when your company does not respond to a summons. This issue is complex and certainly demonstrates potential liabilities for businesses when dealing with the legal system. This case also is a good discussion of what constitutes good faith and fair dealing when negotiating contracts. A default judgment entered in this matter. A default judgment is something that you do not want to happen to your company. In your answer, explain what a default judgment is and explain whether there was a breach of the duty of good faith.. The moral of the story is, “always respond to a summons.”
Be sure to review the rubric for this assignment. Chapter 11 Part 2 Rubric

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