Recently on the blog we discussed breach of contract and the remedies that can be sought in the event that a contract is breached. Contractual issues are important and make up a significant portion of business law issues in California, but they do not incorporate all legal conflicts that can arise in the employment law context. Instead, there may be issues with regards to wage and hour laws and even matters related to harassment and discrimination.
Any car crash can have catastrophic results for the people in the vehicles involved. Certain kinds of accidents, however, carry larger risks for severe injury and even death. Collisions between vehicles with large disparities in size are a perfect example.
Contracts form the backbone of the business world. Without them, businesses in California couldn't rely on their supplies, which would make meeting demand difficult, if not impossible. There would also be a wide swing in prices since manufacturing costs wouldn't be controlled, and businesses and individuals could go back on their word at the last minute without ramifications. In essence, without enforceable contracts, the business world would be chaotic.