In: Operations Management
EC#2: Harry, the CMO of Gryffindor Corporation, calls Draco, the head of sales at Slytherin Inc, to inquire about engaging Slytherin to provide marketing and other creative consulting services to Gryffindor. On the call they agree that Slytherin will provide 20 hours of such services per month for $10,000 a month for a period of two years. Is this a valid and enforceable contract? Please explain why or why not. (5 pts)
It is an enforceable contract owing to the following grounds: