Corporate Code,Inc

question 54

Essay

Corporate Code,Inc.,sells business software-accounting and book-keeping programs,blank business forms,inventory control functions,and the like-in different combinations,in different packages,at different prices. Each package includes a shrink-wrap agreement that limits warranties and remedies. Developmental Research Corporation (DRC)buys a Corporate Code package and uses the product. Later,DRC files a suit against the software seller,claiming that the product was flawed and that the flaws caused DRC to suffer business losses. DRC asks for relief that exceeds the limits in the shrink-wrap agreement. What is a shrink-wrap agreement? Are such agreements al-ways enforced? Under what circumstances is a court likely to enforce this agree-ment?

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Definitions:

Legal Action

The process of using the formal court system to resolve disputes, enforce laws, or seek redress.

Additional Compensation

Extra payment or benefits given beyond what is originally agreed upon or expected.

Partnership Law

The legal framework that governs the creation, operation, and dissolution of a business partnership, including the rights and responsibilities of the partners.

Agency Relationship

The association between one party and an agent who acts on behalf of that party.