Examine Syafidie's position under the law of contract.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
1. Examine Syafidie's position under the law of contract.
Iqbal and Syafidie have been friends since they studied in UniMAP together. Now
they are in the business of providing IT services to their clients. Syafidie tried to secure an IT
tender from Penang Port Sdn Bhd worth RM300,000 and seek Iqbal assistance. Iqbal then
provided consultancy work to Syafidie in his business. When Syafidie asked Iqbal if he owed
Iqbal anything for his services, Iqbal said: “My fee is RM20,000 but until you get that big
contract, I know you cannot afford that. Perhaps we should just wait and see what happens?"
Syafidie wanted to give Iqbal something now. Iqbal thought about it and said that if Syafidie
paid university fees of RM9,000 for his nephew, Aslam, he would not look for any more
from him as regards the balance. Syafidie agreed that he would pay Aslam's fees. The next
day Syafidie contacted Aslam explaining what had been agreed. Aslam was delighted and
gave him all the relevant details about his account. One week later, Iqbal phoned Syafidie
asking if he had paid Aslam's college fees. When he said he would be paying them at the end
of the month, Iqbal said "I am glad you have not done it yet. I have just discovered that
Aslam refused to continue his study at UniMAP. I want nothing more to do with him. I heard
you got that contract, you need to pay the RM20,000 to me." Based on Iqbal's promise not to
charge the M20,000 fee, Syafidie had just paid RM16,000 towards a van for his business.
Transcribed Image Text:Iqbal and Syafidie have been friends since they studied in UniMAP together. Now they are in the business of providing IT services to their clients. Syafidie tried to secure an IT tender from Penang Port Sdn Bhd worth RM300,000 and seek Iqbal assistance. Iqbal then provided consultancy work to Syafidie in his business. When Syafidie asked Iqbal if he owed Iqbal anything for his services, Iqbal said: “My fee is RM20,000 but until you get that big contract, I know you cannot afford that. Perhaps we should just wait and see what happens?" Syafidie wanted to give Iqbal something now. Iqbal thought about it and said that if Syafidie paid university fees of RM9,000 for his nephew, Aslam, he would not look for any more from him as regards the balance. Syafidie agreed that he would pay Aslam's fees. The next day Syafidie contacted Aslam explaining what had been agreed. Aslam was delighted and gave him all the relevant details about his account. One week later, Iqbal phoned Syafidie asking if he had paid Aslam's college fees. When he said he would be paying them at the end of the month, Iqbal said "I am glad you have not done it yet. I have just discovered that Aslam refused to continue his study at UniMAP. I want nothing more to do with him. I heard you got that contract, you need to pay the RM20,000 to me." Based on Iqbal's promise not to charge the M20,000 fee, Syafidie had just paid RM16,000 towards a van for his business.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Sales and Lease contracts
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.