SophiaPretty

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About SophiaPretty

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Economics,Engineering,English,Environmental science,Essay writing Hide all
Teaching Since: Jul 2017
Last Sign in: 304 Weeks Ago, 5 Days Ago
Questions Answered: 15833
Tutorials Posted: 15827

Education

  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

Experience

  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Business & Finance Posted 31 Jul 2017 My Price 6.00

PROBLEMTilly is a sole trader who runs a motor repair business.

PROBLEMTilly is a sole trader who runs a motor repair business. Recently her premises had experienced someplumbing problems and she has had to engage a plumber, Peter Plumber, to replace various pipes andequipment. After some discussion they both signed a contract for the completed work for $7,500 to bepaid within 30 days of the work being completed.Peter completed the work and Tilly agreed it was done as required. However after 29 days no paymentwas made by Tilly. Realising she could not pay the full amount as agreed, Tilly phoned and spoke toPeter. Tilly told him she was experiencing some cash flow problems and asked if she could pay $6,000the next day but not the balance of $1,500. She asked if instead of paying cash she could provide himwith a service. She offered to carry out some work on his business van if he needed it in the next fewmonths. Peter thought about it and agreed and the next day Tilly paid $6,000.One week later, Peter decided that this was not a good deal for him and he thinks he should have insistedon Tilly paying the full cash amount owing. He wants to know if he can contact Tilly and cancel thedeal for work on his van and insist on her paying the remaining $1,500.Using cases to support your reasons, discuss whether Peter can legally insist on the balance of thedebt and how Tilly could respond if he does.

Answers

(5)
Status NEW Posted 31 Jul 2017 12:07 PM My Price 6.00

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