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Absence of Formality in Toy Distribution Contract Leads Straight to Court

Another case where a contract was not formally entered into.  It never ceases to amaze me how businesses are still content to use their ‘word as their bond’.  This is all too Arthur Daley (an infamous car dealer from
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Profit Loss And Contract Dispute

Following on from a recent blog post , I wanted to discuss what a company can claim if someone cancels a contract. I have seen many contracts which have cancellation clauses setting out that the party must pay 100%
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MLA 2017 18 Shortlisted 2