MARK1016 Lecture 4: Cases law 122
12 Mar 2018
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Case one: this question requires students to appreciate that there sometimes is a difference between: (i) legal obligations, (ii) moral obligations, and (iii) good business practices. It also requires them to devise a risk management strategy that best serves the company"s needs. Anatomy is not under any legal obligation to deliver the machine to inga before payment. Furthermore, it is legally entitled to re-sell the machine to the buyer in colorado and to charge any resulting expenses to inga. Sometimes, however, it does not make good sense to strictly enforce legal rights. Although not every businessperson would agree, anatomy arguably has a moral obligation to agree to inga"s proposal. It knows that she has recently suffered a string of bad luck and that she may be financially ruined if she is not allowed to use the harvester before making payment. Furthermore, the facts suggest that her proposal entails little risk for the company.
