Letter about the Contract of between Two Companies (Coursework Sample)
task is about contract in business. the sample is in letter form as required by the task, about the contract between two companies.
source..
Business Law Activity 6
Name
Institution
Course
Instructor
Date
TO: Winnie James, Ralph Anders
FROM: Name
RE: Clean Sales Contracts
DATE:
ONE
The two companies communicated with each other on a possible business dealing with no formal contract between them. These communications did not meet any contracts before any translates were made. A contract is valid between the two parties when any monetary transaction had been done. Clean did not respond to the email but proceeded to deliver the products as requested. Even if the latter was not the case, there is still a parameter referring to the sales contract. The company got into a contract with the buyer by delivering the products since money must have been paid. According to UCC in Section 2-305 (1), the product's price set by the seller is reasonable after the product has been delivered. In this case, both parties have met all the requirements of the contract.
However, according to business law, if the terms of payments were not agreed upon, there is no contract. Since Clean did not agree to deliver the orders requested by Pros, there seems to be no contract. Another confirmation of this sentiment is the lack of any incident of payment. "Where the beginning of a requested performance is a reasonable mode of acceptance an offeror who is not notified of acceptance within a reasonable time may treat the offer as having lapsed before acceptance" Since the two concepts exist in the case according § 2-206. Offer and Acceptance in Formation of Contract, there was no contract. All these descriptions show that the case is applicable under the Uniform Commercial Code.
TWO
Uniform Commercial Code provides that the buyer has the right to inspect and monitor the consisting and progress of the goods and services. This provision is stipulated by UCC sections 2-513 (1) and (2). It is through this provision that the buyer becomes compliant with the contract. Clean is also obliged to inspect the products before packaging to ensure that they meet the requirements of the buyer (Pros). "§ 2-711. Buyer's Remedies in General; Buyer's Security Interest in Rejected Goods." According to the case scenario, the bills of the products were to be settled upon delivery. In this case, Clean was to allow at least 15 days of inspection by the buyer. Pros were therefore within its rights to inspect the products as it happened three days after delivery. After discovering a non-compliance case by the seller, the buyer (Pros) filed a complaint about a refund. However, this refund is applicable if the organization acted within 15days.
According to advanced business law, silence after receiving products translates to accepting all the terms and conditions. Pros, as the buyer is also obliged to inspect the condition of products before payments are made. According
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