LarsonSoft,Inc

question 31

Essay

LarsonSoft,Inc.is a software producer that entered into a verbal agreement with XYZ Corporation wherein XYZ agreed to buy LarsonSoft's newly developed software.The agreement also provided that LarsonSoft would supply training personnel,as well as technical personnel,to work with XYZ employees in installing and learning the software.What law governs this agreement?

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Definitions:

Court of Equity

is a court that resolves disputes based on fairness in contrast to law courts, which follow strict rules of legal precedents and codes.

Court of Law

An official agency empowered to adjudicate conflicts between entities and dispense justice in civil, criminal, and administrative cases.

Statutory Law

The body of law derived from statutes enacted by legislative bodies.

International Law

A body of rules and principles that governs the relations and conduct of nations and international organizations.