Management and Organizational Studies 1021A/B Lecture 4: MOS2276 Lecture 4.docx

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1021A/B
• Professor: Terry Biggs

Document Summary

Terms are fair and reasonable: kholer and porter, why do you define that, the reasonableness doesn"t matter when it comes to contracts because we assume the terms are fair and reasonable, don"t decide whether a contract is binding with outside standard, however, in kholer and porter the judge did it. Standard of care: must use same standard you use to protect own information, in no event less than reasonable, can use higher standard, must use same standard for ours, but can"t use any standard that"s lower than reasonable, obligations of confidentiality are one way with employment and consulting agreements, this contract operates two ways, i. e. when two companies are considering doing a deal together and exchanging confidential info. Much different from residential housing leases: affordable housing, discrimination/harassment, rent increases, turning off utilities when people can"t pay rent, etc. (cid:224) issues that society has that government deals with.