Cohen_TurnipPlazaReport_4-27.doc - TURNIP PLAZA 1 Turnip...

This preview shows page 1 - 4 out of 6 pages.

TURNIP PLAZA 1 Turnip Plaza Hotel Case Rickiea Cohen University of Maryland Global Campus MBA 630
Turnip Plaza Case 2 Notes Mark Piper- (Tour guide) developed a reputation as one of the most skillful tour guides in Michigan. Guided tourists through extreme kayaking, hiking, and camping adventures in and around the Great Lakes. Often requested by name by tourists visiting the hotel and was featured on extreme sports television. His high adventure kayaking tours brought in significant revenue for the hotel. Stacey Nguyen, the manager of the Huron Overnight Inn—a rival company of Turnip Plaza offered Mark a salary increase if he left Turnip Turnip Plaza's manager, Edward Griffin offers Mark a promotion with a 50 percent raise and a guaranteed contract for a two-year term if he rejects Stacey’s advance Later on, Mark was dismissed from Turnip Plaza because of corporate restructuring due to concerns about the increased liability risks of managing high adventure tours through Colossal's hotels. Contracts- Are enforceable by the law, doesn’t have to be formal or in writing, don’t have to use the word contract. Promise-A promise is a declaration by a legal person (called the promisor ) to perform or forbear from performing specified act(s). The recipient of the promise (called the promisee ), upon a promise being made, has rights to expect (and often to demand) that the promise be performed. Within the United States, there are two major sources of domestic contract law: the Uniform Commercial Code (UCC) and the common law. Depending on the subject matter of the contract, if the contract involves the purchase of tangible personal property ("goods") or the hiring of an individual for employment ("services"), one will look to specific sources of law to determine whether the legal promise is enforceable. Common Law- contract for employment Contracts involving minors, intoxicated persons, and mentally incompetent people—who have no legal guardian—are typically voidable. Undue influence-If someone in a position of trust, such as an advisor, takes advantage of the advisee through contract, then undue influence may be found by a court, and the contract may be voidable.
Turnip Plaza Case 3 Remedies, broadly construed, are the legal method by which rights are enforced or wrongs redressed. Remedies at law, today, are mostly issued in the form of monetary amounts called damages, and are awarded through court orders.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture