BBUS 2910 Assignment Assignments must be emailed to XXXXXXXXXX no later than 11pm on March 31. You must read the following case study and provide and advice to the person requesting the information....

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BBUS 2910 Assignment Assignments must be emailed to [email protected] no later than 11pm on March 31. You must read the following case study and provide and advice to the person requesting the information. You will need to identify all of the legal elements to the case, provide advice about what you think each party should do and come to a conclusion about what the outcome will be. Marks 20 Spelling and Grammar 2 Identifying legal elements6 Content/argument10 Decision on outcome2 Case Study Jim was a well-known business man in Kamloops. He recently retired from his job and decided he wanted to start a business with his neighbour. Jim had a sweet tooth and decided to start an ice cream distribution company. Jim’s neighbour, Neal, had a connection with a local farmer who produced his own ice cream and several other farmers in the area who were also producing ice cream. Neal did not really have any money as he has never been good a managing cash. Jim was going to fund the operation and Neal was going to make the connections with the farmers. The plan was to take all of these small farmers and act as an intermediary between the farmers and retailers. Once they had set up contracts on behalf of the farmers they would then deliver the ice cream. Their idea was a huge success and within two months they had 15 farmers who wanted to distribute their products through Jim and Neal’s business. Neal was very excited as he had never been good at business and this was the first time he felt successful. In his excitement Neal told all of the farmers that the store owners wanted triple the amount of ice cream on next months order. Jim had actually been dealing with all of the orders for the stores and it turned out that only one store wanted extra ice cream next month and they only wanted the extra from one farmer not all farmers. When Neal went to do the pick-ups and deliveries for the next month all of the farmers provided him with the extra ice cream he had told them the stores wanted. On the way to drop off the ice cream Jim though they had extra ice cream as the truck looked really full however he did not say anything. When they arrived at the stores, all of the stores except one refuse to take the extra ice cream. Jim became quite worried about the extra ice cream and told Neal to take it back to all of the farms. When he tried to return the ice cream all of the farms refused to take it back. They all said Neal had made the mistake and it was his responsibility to deal with the ice cream. Since Jim and Neal did not have the facility to store the ice cream most of it went bad before they were able to deal with it. The famers are now demanding payment for the ice cream and will not give Jim and Neal any further ice cream until they get paid. The stores have also started calling Jim and Neal asking where the ice cream is as they are in the busy part of the summer and do not have any ice cream. Advise Jim and Neal, the farmer and the store owners as to what you think will happen.
Answered 2 days AfterMar 09, 2021

Answer To: BBUS 2910 Assignment Assignments must be emailed to XXXXXXXXXX no later than 11pm on March 31. You...

Swati answered on Mar 12 2021
144 Votes
There are two contracts working out in this particular Jim and Neal case for their ice cream business. First contract is with the farmers and second one is with the retailers. The two strand to issue in this case are Was the statement by Neal that the owners of store wanted triple the ice cream amount next month must be considered by law to form implied contract or implicit between the Jin and Neal’s business. And other issue is who would bear the losses incurred now by end of the day. The general rule states that a promise would not be enforceable unless it is consideration supported. Jim establishes that farmers were not supposed to give extra amount of ice cream as a consideration, as the promise didn’t made any legal commitment to take that. This is much criticised and quite a harsh rule however it hold good authority.  Jim and Neal must try every possible way to pay to the local farmers for the ice cream supplies they have given (extra three times) to continue to provide them the ice cream for retailers, because they are in danger of closing down as...
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