HESA 6361 Lecture Notes - Lecture 2: Holy Crap, Fax, Price Fixing

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January 23, 2018: ***note: if it was important to put o(cid:374) the slides, the(cid:374) it"s a(cid:374) i(cid:373)porta(cid:374)t topi(cid:272) to stud(cid:455) for the (cid:373)idter(cid:373). Her goal is for e(cid:448)er(cid:455)o(cid:374)e to do reall(cid:455) (cid:449)ell o(cid:374) the e(cid:454)a(cid:373)s, she (cid:449)o(cid:374)"t tr(cid:455) to tri(cid:272)k us: things to consider with contract: How much cost, penalty, currency, method of payment. Holy crap termination, exit, force majeur: (cid:862)a(cid:272)t of god(cid:863) force majeur, e. g. Privity thinking about people you want to capture: you want to think about other parties as well, such as who is going to capture the debt (to manage risk, hareholder"s agree(cid:373)e(cid:374)t is a for(cid:373) of (cid:272)o(cid:374)tra(cid:272)t. Both parties need a meeting of the minds to clarify what it is they want to deal with. If you do something for your family, but then you demand payment afterwards the(cid:374) it (cid:449)o(cid:374)"t hold up i(cid:374) (cid:272)ourt: offer. Cannot accept an offer you do not know of.

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