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    Business and the Law Study Set 1
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    Exam 5: An Introduction to Contracts
  5. Question
    A Year Ago, You Negotiated a Contract with a Supplier
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A Year Ago, You Negotiated a Contract with a Supplier

Question 3

Question 3

Short Answer

A year ago, you negotiated a contract with a supplier on behalf of your company. The contract was broken six months ago, and the supplier is about to commence legal proceedings for the breach. Can you personally be held liable for the losses resulting from the breach? Explain.

Correct Answer:

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