Harley owns a craft store. On a recent buying trip to Miranda, she located a vendor who manufactures bat houses that have been carved from
Harley owns a craft store. On a recent buying trip to Miranda, she located a vendor who manufactures bat houses that have been carved from a single piece of wood. The woman who makes these bat houses is named Rachelle Vendor. Candice believes that she could probably sell 10 or 20 of these bat houses per week. She negotiates a purchase price of $9 for each bat house. Rachelle has some conditions that she would like to insert into their written contract. She wants a provision that states that she has the right to terminate the contract should the lumber that she uses be declared illegal, or if the price of his lumber increases by more than 20%. Also should there be a dispute, she wants some form of 3rd party meditation. She also wants any court action to be based on the laws of Massachusetts. Rachelle has recently heard that the Italian wood that she uses for her bat houses has recently been placed on the Endangered Species List. She wants to make sure, should the wood not be available, that she will have a remedy for any breach that Candice may claim. Candice would like to receive 200 bat houses within sixty days of the contract date. She would then like to receive 100 bat houses by the first day of each succeeding month, until a total of 1000 bat houses have been delivered. She will make payment by a certified check within 10 days of delivery. Candice is concerned about the quality of the bat houses and wishes to insert a contract provision that allows her to reject specific bat houses if she feels that some of them do not meet her specifications. Rachelle and Candice have worked out an overall list of specifications, which will be attached to the contract.
Requirement:
Refer the list of specifications in the contract. Draft a contract that clearly establishes the agreement between Rachelle and Candice. In your contract, add conditions, clauses, and issues for resolution for any dispute of the contract and whatever contract law/clauses, you think should be included to protect the parties. Each specific clause and also add breach issues and remedies.
Step by Step Solution
3.52 Rating (155 Votes )
There are 3 Steps involved in it
Step: 1
CONTRACT FOR SALE OF GOODS AGREEMENT is made and entered into this Monday November 12 2012 by and between Rachelle Vendor of 123 Maple Street Miranda MA herein referred to as seller and Candice Harley ...See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started