Mr Zen is a foreign businessman operating as a property development agency Port Shipston he has been
Question:
Mr Zen is a foreign businessman operating as a property development agency Port Shipston he has been in trusted by his principles to a foreign investors residing in Japan to develop a business and residential complex in Port Shipston Zen in compliance with a South African legislation issued a private tender a company by the name of shady and associates construction company applied for the tender Mr Freddie mafia the CEO of shady associates approach Mr Zen privately with the attention of bribing listers in Freddies offer was refused Freddie mafia then produced numerous photos of sense children other members of his family living and working in South Africa Freddie advise Mr sent to sign the tender documents and contract in favour of shady and associates failing which the safety of his family may be in jeopardy Mr Zen had no alternative but to a ward attended to shady associates by signing the relevant documents
Evaluate the validity of the contract concluded between Zenon shady associates by discussing the applicable legal principle and its requirements?
International Business
ISBN: 9781292274157
8th Edition
Authors: Simon Collinson, Rajneesh Narula, Alan M. Rugman