CONTRACT LAW

Contract Law

Contract Law

Introduction

The main purpose of this paper is to discuss a case analysis of Wimpy and Bluto. This case comes under breach of contract. According to contract law, if any party fails to fulfill the contract and break the contract for any reason, this comes under breach of contract. Penalties and legal liability apply to the person who breaks the contract law.

Discussion

In this case, Wimply makes an offer to Bluto to sell a boat for $500. Bluto asks him to wait for a week and then reply, and Wimpy replies that he will not make the sale of this ...