View Full Version : Law of contract questions and answers
Lini
May 11, 2012, 08:45 AM
Co A proposes to enter into joint venture arrangement with Co B to supply product developed by Co B (Product B). During preliminary discussions Co A was briefed on the features of Product B. The parties agreed to enter inti joint venture arrangement to appoint Co A to be the sole distributor of an product B called Product BA in Asia for period of 3 years. After undergoing testing, Co A accepted the delivery of the first batch of Product BA. After the first anniversary of engagement, Co A was still unable to move the product in the market.. reason was that the product was lacking one integral feature which made the product unmarketable. Co A also complained about the outmoded technology. Co B has since sent Co A letter of demand demanding payment for the first batch of goods delivered. Co A refused to make payment citing the problems and wants to terminate the contract.
Advise Co A
AK lawyer
May 11, 2012, 08:56 AM
Is this homework?
We don't do homework.
excon
May 11, 2012, 08:56 AM
Co A proposes to enter into joint venture arrangement with Co B to supply product developed by Co B (Product B). During preliminary discussions Co A was briefed on the features of Product B. The parties agreed to enter inti joint venture arrangement to appoint Co A to be the sole distributor of an product B called Product BA in Asia for period of 3 years. After undergoing testing, Co A accepted the delivery of the first batch of Product BA. After the first anniversary of engagement, Co A was still unable to move the product in the market..reason was that the product was lacking one integral feature which made the product unmarketable. Co A also complained about the outmoded technology. Co B has since sent Co A letter of demand demanding payment for the first batch of goods delivered. Co A refused to make payment citing the problems and wants to terminate the contract.
Advise Co AHello Company A:
We don't do homework here. If it's NOT homework, send a retainer for $25 K first.
excon
AK lawyer
May 11, 2012, 08:58 AM
... send a retainer for $25 K first.
excon
An ex-con attempting to practice law without a license?
Is there a two-strikes law in Washington? :)
excon
May 11, 2012, 10:06 AM
Is there a two-strikes law in Washington? :)Hello lawyer:
Two?? TWO? Who you been talking to? We're talking NINE here, at least. This ain't my first rodeo.
excon
AK lawyer
May 11, 2012, 10:34 AM
... This ain't my first rodeo.
...
And, unfortunately, mixed sport-metaphors are not indictable. :)