Trump Limited (TL) is a well-known trucking company that transports goods from the port to various destination within Trinidad and Tobago. Trump Limited is seeking a truck maintenance firm to provide routine maintenance to their fleet of 100 trucks. Putin Limited (PL) has a truck maintenance firm, who is interested is providing Trump Limited with maintenance services for their trucks. Trump Limited requested that Putin Limited makes a bid for maintenance services and on the 1st Jamesnuary 2022, Putin Limited submitted a bid for the sum of one million dollars per year inclusive of all related spare parts. On the 1st February 2022, Trump Limited informed Putin Limited that they have been selected to provide routine maintenance services for their trucks and required Putin Limited to enter into an agreement with Trump Limited. The contract was effected on 15th February and contains the following provisions/terms: • Putin Limited will provide normal maintenance to certain trucks. • Trump Limited will pay Putin Limited customary maintenance fees. Within one month of this arrangement, one of Trump Limited trucks ran off the road and was badly damaged. The accident was largely due to faulty brakes, which was not properly maintained. Trump Limited is very upset about the loss and plans to sue Putin Limited for the cost to repair the truck. However, Putin Limited is of the view that some of the terms of the contract are not clear, and as such this affects the validity of the signed contract and Trump Limited has no grounds to sue. Putin Limited knows that you are currently pursuing Business Law and sought your advice on this matter. use the IRAC model to answer
Trump Limited (TL) is a well-known trucking company that transports goods from the port to various destination within Trinidad and Tobago. Trump Limited is seeking a truck maintenance firm to provide routine maintenance to their fleet of 100 trucks. Putin Limited (PL) has a truck maintenance firm, who is interested is providing Trump Limited with maintenance services for their trucks. Trump Limited requested that Putin Limited makes a bid for maintenance services and on the 1st Jamesnuary 2022, Putin Limited submitted a bid for the sum of one million dollars per year inclusive of all related spare parts. On the 1st February 2022, Trump Limited informed Putin Limited that they have been selected to provide routine maintenance services for their trucks and required Putin Limited to enter into an agreement with Trump Limited. The contract was effected on 15th February and contains the following provisions/terms: • Putin Limited will provide normal maintenance to certain trucks. • Trump Limited will pay Putin Limited customary maintenance fees. Within one month of this arrangement, one of Trump Limited trucks ran off the road and was badly damaged. The accident was largely due to faulty brakes, which was not properly maintained. Trump Limited is very upset about the loss and plans to sue Putin Limited for the cost to repair the truck. However, Putin Limited is of the view that some of the terms of the contract are not clear, and as such this affects the validity of the signed contract and Trump Limited has no grounds to sue. Putin Limited knows that you are currently pursuing Business Law and sought your advice on this matter. use the IRAC model to answer
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Question
Trump Limited (TL) is a well-known trucking company that transports goods from the port to various destination within Trinidad and Tobago. Trump Limited is seeking a truck maintenance firm to provide routine maintenance to their fleet of 100 trucks.
Putin Limited (PL) has a truck maintenance firm, who is interested is providing Trump Limited with maintenance services for their trucks. Trump Limited requested that Putin Limited makes a bid for maintenance services and on the 1st Jamesnuary 2022, Putin Limited submitted a bid for the sum of one million dollars per year inclusive of all related spare parts.
On the 1st February 2022, Trump Limited informed Putin Limited that they have been selected to provide routine maintenance services for their trucks and required Putin Limited to enter into an agreement with Trump Limited.
The contract was effected on 15th February and contains the following provisions/terms:
• Putin Limited will provide normal maintenance to certain trucks.
• Trump Limited will pay Putin Limited customary maintenance fees.
Within one month of this arrangement, one of Trump Limited trucks ran off the road and was badly damaged. The accident was largely due to faulty brakes, which was not properly maintained. Trump Limited is very upset about the loss and plans to sue Putin Limited for the cost to repair the truck.
However, Putin Limited is of the view that some of the terms of the contract are not clear, and as such this affects the validity of the signed contract and Trump Limited has no grounds to sue.
Putin Limited knows that you are currently pursuing Business Law and sought your advice on this matter. use the IRAC model to answer
Expert Solution
Step 1: Brief overview of the case:
The scenario involves Trump Limited (TL), a trucking company in Trinidad and Tobago, seeking maintenance services for its fleet of 100 trucks and Putin Limited (PL), a truck maintenance firm, submitting a bid that was accepted. However, an accident occurred due to faulty maintenance, leading TL to consider suing PL. PL argues that the contract terms are unclear and questions its validity.
Here, we will analyze it using the IRAC (Issue, Rule, Application, Conclusion) model in the context of contract law.
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