Define ways of coming up with a long standing exclusive contract
Moonshine Coffeehouse Inc. and Aromatic Farms have a longstanding exclusive contract to produce and deliver their “Triple-A” moonshine-infused coffee beans.
The Moonshine Coffeehouse Inc. and Aromatic Farms contract requires delivery of all beans foreign and domestic produced on Aromatic Farms to Moonshine’s distribution warehouses for processing and redelivery to Moonshines Coffeehouses. The parties agree that the price per pallet will be $3000 with a guarantee of 4,000 pallets minimum. MJGreen House, Inc., a competitor of Aromatic, approaches Moonshine and informs Moonshine that Aromatic is undercutting Moonshine by withholding 10% of Aromatic’s worldwide coffee bean production for sale to Moonshine’s competitor coffeehouse Star Tracks Inc. for $2000 per pallet.
As a result of this information, Moonshine Coffeehouse Inc. cancels the Aromatic contract refusing to purchase any additional pallets from Aromatic. Moonshine Coffeehouse Inc. enters into a new agreement with MJGreen House, Inc., agreeing to purchase the exact quantities of beans from MJGreen House, Inc.
Moonshine Coffeehouse Inc. and Aromatic Farms have a longstanding exclusive contract to produce and deliver their “Triple-A” moonshine-infused coffee beans.
The Moonshine Coffeehouse Inc. and Aromatic Farms contract requires delivery of all beans foreign and domestic produced on Aromatic Farms to Moonshine’s distribution warehouses for processing and redelivery to Moonshines Coffeehouses. The parties agree that the price per pallet will be $3000 with a guarantee of 4,000 pallets minimum. MJGreen House, Inc., a competitor of Aromatic, approaches Moonshine and informs Moonshine that Aromatic is undercutting Moonshine by withholding 10% of Aromatic’s worldwide coffee bean production for sale to Moonshine’s competitor coffeehouse Star Tracks Inc. for $2000 per pallet.
As a result of this information, Moonshine Coffeehouse Inc. cancels the Aromatic contract refusing to purchase any additional pallets from Aromatic. Moonshine Coffeehouse Inc. enters into a new agreement with MJGreen House, Inc., agreeing to purchase the exact quantities of beans from MJGreen House, Inc.
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