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Homework answers / question archive / You will be graded on clarity of expression and on understanding of the task assigned
You will be graded on clarity of expression and on understanding of the task assigned. I expect a critical analysis of the legal issues and expect you to use legal terminology which is clear to your superior, who is not an attorney. Your business memo should be a single typed page (500 words maximum): BACKGROUND INFORMATION You work in the accounting department of the Walter Accounting Firm (“the Firm”). Your superior, Robert Walter, has given you an assignment to find out from the legal department how to deal with a legal matter regarding a former client, Jay Lemon. After you consult with the legal department, you are to draft a business memorandum addressed to your superior, Robert Walter, explaining the information and the options given to you by the legal department. Your superior also tells you that Ms. Lemon’s case is not unique and that she is just one of many clients who pose an identical or similar problem for the Firm. Your superior informs you that the former client, Jay Lemon, entered a written and signed contract with the Firm on January 1, 2021 under which Ms. Lemon agreed to pay the Firm. $10,000 for accounting services. The accounting services that Ms. Lemon contracted for were completed on March 1, 2021. Nevertheless, Ms. Lemon has informed the Firm that, in her opinion, the accountant that handled her account did not do a good job. As a result, she does not feel that she should pay the Firm the $10,000 as per the contract terms. She has been calling the office to argue about this matter for the past three weeks. Now, she claims that she is willing to send a check for $5000 (the amount that she thinks the services were worth) as full payment for the accounting services. INSTRUCTIONS In the memorandum to your superior, Mr. Walter, tell him in your opening sentence why you are writing this memo and the main point(s). Then, specifically discuss and explain the issues giving the legal reasons as to: (1) whether the original contract terms are enforceable against Ms. Lemon and (2) from the perspective of the Firm, consider the circumstances if she sends the $5000 and the Firm opts to accept or not to accept that payment, and then (3) explain in a separate paragraph what this means to your Firm on a practical level. Consider what policy you should draft/set for the Firm, so that similar/identical issues can be handled in the future without the need to involve the Legal Department The heading of the Memorandum should look like the following: MEMORANDUM TO: Mr. Robert Walter FROM: Your Name RE: DATE: Contract between Jay Lemon and the Walter Accounting Firm
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