Business Law
Your client, Widgets, Inc., has a factory in Detroit where they produce widgets for sale. They have recently received a large order from Machines, Inc. in Austin, Texas for 2,000 widgets at $100 per widget. The client has not specified any additional terms of the purchase.
Prepare a contract for the sale of these goods that will be in your client’s favor on each of the areas that Machines, Inc. failed to specify. Please make sure that your contract addresses the following:
Shipment arrangement (method)
Risk of loss
Delivery (place and method)
Transfer of title
Warranties (express and implied)
The paper
Must be threepages in length (not including title and references pages) and formatted according to APA style as outlined in theAshford Writing Center.
Must include a separate title page with the following:
Title of paper
Student’s name
Course name and number
Instructor’s name
Date submitted
Must use at least two scholarly sources in addition to the course text.
Must cite all sources in APA style as outlined in the Ashford Writing Center.
Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing Center.
…………………….Answer preview………………………
Contract of sale
This contract of sale is made and agreed on this day (ENTER DATE OF CONTRACT) between Widgets, Inc. and Machines, Inc. Machines, Inc. operates in Austin, Texas. In this contract, Widgets, Inc. is referred to as ‘seller’ and Machines, Inc. is referred to as ‘buyer’. Widgets, Inc. and Machines, Inc. are collectively referred to as parties. The seller is in the business of producing widgets for sale, and the buyer is in need of widgets to run their business activities……………………..
APA
875 words
