Question: 1 page in APA format please <3 You are an executive vice-president of StikM, a company that manufactures various adhesive products and sells them to
1 page in APA format please <3
You are an executive vice-president of StikM, a company that manufactures various adhesive products and sells them to manufacturers and retailers. Your company uses large quantities of Apocryphonium, an essential chemical that is manufactured by only one corporation, ToxIck. You are negotiating with ToxIck for a three-year requirements contract for Apocryphonium. You are able to agree with ToxIck on most of the important contract terms, including the quantities that you expect to require, the price ToxIck will charge, and delivery times. Then ToxIck requests a force majeure clause, excusing the company from performing its contract obligations in the event of acts of God, fire, labor disputes, accidents, or transportation difficulties.
Question: What is a requirements contract?
Question: What problems might this force majeure clause cause you?
Question: What steps can one take to protect against nonperformance based on force majeure?
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