Martha Stewart And JC Penney Breach of Contract
Student’s name
Institution of affiliation
Instructor
Course
Date
Martha Stewart And JC Penney Breach of Contract
Just like the judge in the New York supreme court, it is true that both Martha Stewart and JC Penney breached the contract they had signed with Macy’s. Even though J.C Penney actions cannot be considered illegal or in any way immoral it is true that he was highly involved in the breaching of the contract. The fact that J.C Penney interfered with the contract in a way that was not wanted makes her liable to some extent to pay Macy’s for the losses or any other damages caused (Staff, T2014). However, as Oing states in Washington post, she did not do that out of malice or anything that was driven by anger or bad decisions and therefore she should not pay anything for the inconveniences caused to Macy’s. therefore, even though Oing has a good point it does not mean that the contract was violated and when a contract is violated and at a point when it reaches the point of court, the people responsible should be placed in a place to carry the burden of their mistakes.
Martha Stewart and JC Penney got into a partnership and violated the partnership they had with J.C Penney because of the desire to make more (Alawadhi & Mukherjee, 2014). However, they are faced with the challenge of a case court. I would also do the same if I am sure that the results of the court will not be devastating and more than half of the profit, I make will not go towards payment of breaching the contract. Therefore, the best thing to do is to go for profits but at the same time with a counted or highly calculated risk to avoid losing more than one can gain in the business. One of the major ethical issues I would consider is making sure that no one is hurt in the process and even if one is hurt the conflicts to be done away with less involvement of the court.
References
Macy’s and Martha Stewart Living Omnimedia Settle Legal Dispute. (2014). Macy’s, Inc. Retrieved November 8, 2021, from https://www.macysinc.com/news-media/press-releases/detail/467/macys-and-martha-stewart-living-omnimedia-settle-legalNeha Alawadhi,Aurindom Mukherjee. (2014). Macy’s settles with Martha Stewart. In REUTERS. https://www.reuters.com/article/us-marthastewartlivingomnimedia-macys-idUSBREA010G520140102Staff, T. A. G. (2014, June 22). Judge rules JCPenney interfered with Macy’s contract. The American Genius. https://theamericangenius.com/business-news/judge-rules-j-c-penney-interfered-macys-contract/
