A discussion of U-haul's business model with an emphasis on its parent company's legal contracts.
Written in 2007; 3,556 words; 4 sources; APA; $ 99.95
Paper Summary:
This paper examines how the U-haul company engages in business contracts, with a look at the model of its parent company, AMERCO. The paper gives a general description of what makes a contract legal, and shows several examples of U-haul's contracts. Also considered are possible areas of difficulty and conflict within a contract, such as terminology that could be disputed. The paper includes guidelines for writing an effective blank contract.
Outline:
Contracts and UCC regulation
Purchasing Contract Analysis and the UCC
Works Cited
AMERCO and Antitrust
U-Haul and Bankruptcy
From the Paper:
" Every contract must contain certain elements to be considered valid. They are mutual assent, lawful objective, capacity of the parties to perform, consideration and appropriate form. The omission of any of these elements can render the contract invalid. AMERCO engages in numerous types of contracts with a number of different entities. They have contracts with realtors, suppliers, vendors, and repair persons to name a few. The nature and exact structure of each of these types of contracts will differ to reflect the nature of the agreement. Actual contracts between parties are not public information and the specifics are not often available to the public. "
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