delivered the tablet computers to Fallon Electronics, what might cause a valid contract not to exist between Leno and ratione BE18-2 (L01) On May 10, 2017, Cosmo Co. enters into a contract to deliver a product to Greig Inc, on June 15, 2017. Greig agrees to pay the full contract price of $2,000 on July 15, 2017. The cost of the goods is $1,300. Cosmo delivers the product to Greig on June 15, 2017, and receives payment on July 15, 2017. Prepare the journal entries for Cosmo related to this contract. Either party may terminate the contract without compensation until one of the parties performs. . . . ... . with Sanchez Inc. to novide a software license and 3 years of customer