Every sales contract imposes an obligation of good faith in its performance. Please explain the concept of good faith. (Be detailed in your response.)
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Every sales contract imposes an obligation of good faith in its performance. Please explain the concept of good faith. (Be detailed in your response.)
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- Discuss the three major areas of products liability and the three major defenses to products liability also listed in the chapter. According to the scripture, who if anyone has a duty of restitution? Galatians 6:4-5 Exodus 20:15 Deuteronomy 5:21In the above case, the seller points to the fine print on the product, which states that the product can only be used in temperatures above 40 degrees Fahrenheit. Your employees were using it in temperatures of 35 degrees. Do you have a claim?Mickey’s Muscles enters into a franchise agreement with Planet Fitness that provides for termination at any time for "cause." Mickey's chooses a pricing structure for memberships that the home office disagrees with. Is this "cause" for termination? Explain. If a franchise is terminated, what is the procedure that must be followed?
- Business law-10Miss Cora Cruz would like to buy products from the company of Aurora P. Tan. To make sure that the supplier will not commit a mistake in the delivery of the said product/products, she specifically mentioned the details in her letter. If you are to be asked, what kind of business letter you will use for this particular purpose? Direction: Write a business letter intended for this transaction. Assume that you are Miss Cora, and the reader is : Dr. Lorna R. Dimatatac, President, TIP Teachers and Employees Credit and Savings Cooperative, 938 Aurora Blvd, Cubao, Quezon City. The following should be considered in your letter: 1. Name of the Articles ordered 2. Description of each item, giving size, style, quality, quantity, material, weight, or whatever will help in identifying the article wanted 3. Catalog number of the item if it available, if not, the page number of the catalog 4. Quantity of each item wanted 5. Price of each item, and the total price of the order 6. Method of…
- Which of the following is true about brand collateral? Any person or group can use the trademarked brand collateral. A product logo is the same as a product trademark. The FTC requires all companies to have a clear logo. A product package should promote the product as well as protect it.I need typing clear urjent no chatgpt use i will give 5 upvotes full explanationplsHow effective is it to submit vendor invoices only?
- You own a manufacturing company that has a very profitable contract with a large retail chain. One of your competitors learns of your agreement and contacts the retail chain, telling them that your products are poorly manufactured and that the retail chain should refrain from buying your products. Instead, the competitor suggests that the retail chain enter into a contract with them to manufacture the products they seek. After this conversation, the retail chain cancels the contract with your manufacturing company, essentially breaching the contract, and begins buying their required merchandise from your competitor. The products manufactured by your company are in fact very high quality products. There have never been complaints in the industry relative to the service or products that you provide. And, you have longstanding contractors with other retailers to support the quality of your product. Under the law, you can sue both the manufacturing competitor and the retail chain for…Lizard Lick Corporation requires all distributors of its lizard salt lick products to sell the products at specified minimum prices. This resale price maintenance agreement is not subject to antitrust law as it deals with products for animal life and the antitrust laws were implemented to protect people only. a violation of the Clayton Act. a per se violation of the Sherman Act. subject to evaluation under the rule of reason. just plain wrong and illegal on for numerous reasons.Statements of intentions between the organization and service providers on behalf of the end-users of the service are known as