15 Jul “Managing Contract Issues in Business at Home and Abroad” Please respond to the following:
- Imagine you are a senior manager in a U.S. manufacturing firm who procures component parts and services from various states. From the reading, analyze two (2) clauses in a potential contract that might put your company at risk if not sufficiently scrutinized prior to signing a contract. Explain contract formation pursuant to the Uniform Commercial Code and identify whether the Code applies or not.
- From the e-Activity, discuss the major issues addressed in the case you found. Explain the contract law that the court applied to the case and why. Then, determine at least one (1) action in drafting the contract that either company to the dispute could have taken to avoid litigation.
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