Business law Essay Example | Topics and Well Written Essays - 250 words - 25

Business law - Essay Example bject matter is legal and Price’s act of concealing information when he contracted the different parties for prescription and multiple purchase of the drug amounts to fraud and illegality of the purchases. Similarly, Price contributed to the effects of the drug by concealing information on previous usage, and failing to inform practitioners of previous purchases of the drug reverts responsibility to him (Miller, 2014). Invalidity of the contract and contributory negligence, should validity be upheld, would inform a decision against Price. A ruling in favour of Price would induce legal liability, into payment of damages or restrictions on the parties’ professional operations, due to negligence. These would further change the parties’ guidelines to prescription and delivery of controlled medicines, by increasing strictness, and would reduce number of operations on the drugs. The ruling would also impose a negative image on the parties. Ruling in favour of the doctors and the company would however preserve operational environment, in which they prescribe and deliver controlled drugs, and earn the parties damages for tainted reputation by Price’s