Answer :
$2,500.
Business Agreement Between Two Parties:
- It benefits both sides to get into a contract with someone for services, or commodities, or to form a partnership.
- Positive thinking and hope do not ensure that issues will not arise during the transaction.
- A contract between two parties must be prepared when two businesses seek to pool their resources for common commercial objectives.
- You can retain legal counsel to assist you in creating a contract.
- A contract between two parties specifies the terms of the transaction and includes the parties' names, a description of the commercial activity, and other information.
- Contracts must adhere to a number of common standards in order to be upheld, one of which is that they must be in writing.
- One party can go to court again another party if something which is not mentioned is done and vice-versa.
Explanation -
Therefore, the court will most likely award Green Valley with damages the total sum of $2,500.
$1,500 dor loss and $1,000 as compensation.
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