Question: Instructions: You MUST use this link to complete this question, please read and review: https://www.sweetstudy.com/files/legalliteracyassignment1-pdf Please Read Facts About This Case: Olivia's Beans, Inc. is
Instructions:
You MUST use this link to complete this question, please read and review:
https://www.sweetstudy.com/files/legalliteracyassignment1-pdf
Please Read Facts About This Case:
Olivia's Beans, Inc. is a Colorado corporation, founded and operated by Olivia Ralston. The company roasts and sells responsibly sourced coffee beans to local businesses. The company entered a contract with Earth Foods, a supermarket chain, to provide its Columbian blend. The parties signed a contract giving Earth Foods a volume discount committing Olivia's Beans to provide 100,000 total pounds of the Columbian blend at $7.05 per pound. The contracts require bimonthly shipments of 10,000 pounds. During the negotiating period, Olivia's Beans contracted with Columbian farmers' co-ops directly to cut costs by avoiding the intermediaries. The best bid was received from Federacion de Cafeteros Pequenos de Colombia (FCPC). On August 12, 2021, Olivia's Beans executed the contract with Earth Foods. After this contract was executed, Ms. Ralston finalized the contract with FCPC at $6.50 per pound. However, FCPC dissolved the co-op before the contract could be fulfilled and Olivia's Beans has not been able to find a cost equivalent substitute supplier. Olivia's Beans is seeking a legal means to excuse itself from that contract because Olivia's Beans has unexpectedly lost its source of supply, and the contract is now unprofitable to perform. Attorney's Memorandum on Whether Olivia's Beans Can Be Excused from Performing the Earth Foods Contract
Instructions:
Assume that you are assigned to write the report requested by Olivia Ralston in the "Case Study: Working with Legal Analysis" in the link provided above for pages 104-106 ofLegal Literacy and Communication Skills.(Link above: https://www.sweetstudy.com/files/legalliteracyassignment1-pdf) Note that this report will also require you to review the Appendix B case file on pages 431-439 ( https://www.sweetstudy.com/files/legalliteracyassignment1-pdf)
This must be a formal business report and NOT a legal memorandum. The report will, however, require you to use and understand the legal memorandum written by the outside counsel for Olivia's Beans (pages 435-439 of the above link).
Please Follow These Document FormattingRequirements:
- Use a typical "interoffice correspondence" type heading (e.g., lines for "To:", "From:" "Date:" and "Re:") on the first page of your document, much like the one Ms. Ralston used to give you the assignment.
- The report must say it is "To: Olivia Ralston" and "From:"
- The font used in your report must be 12-point in size and suitable for professional documents.
- The margins must be at leastone inchon all sides (top, bottom, left, and right).
- The report must contain headings and sections forall fourof the questions Ms. Ralston asked you to address (below). You may include additional headings and subheadings if you wish.
Please Answer the following questions that Ms. Ralston asked you to address from the above facts in a formal business report:
- Summarize and explain the attorney's memorandum on whether Olivia's Beans can be excused from performing the Earth Foods contract. Be concise but accurate, and make sure your (briefly) describe the attorney's reasoning.
- Describe the business risk Olivia's Beans would face from breaching the Earth Foods contract.
- Describe the business risk for Olivia's Beans would NOT face from breaching the Earth Foods contract.
- Make Recommendations on how our company should handle the situation. What is the best way for us to proceed from here?
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