Marshall Peterson Case Summary

In reviewing the contract with Marshall Peterson there are a number of elements to contemplate from a business standpoint and a spiritual perspective. As a business owner, I would have to look at the business aspect to see if a contract truly exist once my 17 year old signs a contract, furthermore, the initial verbal contract between my business and Marshall’s business. Marshall facilitated in selling and advertising my family’s Muscadine grapes at his business. Marshall increasingly upped his order on a regularly basis and invested heavily in my product. However, he was continuously late on payments and deceived my minor son in signing a new contract. If I break my contract with Marshall, what legal action might he bring towards the company …show more content…
The contract would be voidable due at the time of the contract being signed my son was 17 years of age and in the State of Alabama is considered a minor. According to Alabama Code, “a minor is an individual who, became of age, lacks the capacity to contract under Alabama law.” (2016) So there for, there is no official contract and our agreement is still based off our previous verbal agreement of good faith and fair dealing. Additionally, I would remind Marshall if the good faith and fair dealing contract is breached due to any future unethical decisions, I would look into alternative dispute resolution. When explain breach of contract with Marshall, I would make reference to federal case Sons of Thunder, Inc. v. Borden Inc. 1997, “under common law principles, a party who breaches a contract is liable for all of the natural and probable consequences of the breach of contract. Lost profit are awarded to a plaintiff where the defendant breaches the implied covenant of good faith and fair dealing.” (148 N.J. 396) Just as he fraudulently acquired a minor signature to a formal contract, I could be held liable for any breach of the contract we previously had if we had to go through mediation or