Question

You own a manufacturing company that has a very profitable contract with a large retail chain....

You own a manufacturing company that has a very profitable contract with a large retail chain. One of your competitors learns of your agreement and contacts the retail chain, telling them that your products are poorly manufactured and that the retail chain should refrain from buying your products. Instead, the competitor suggests that the retail chain enter into a contract with them to manufacture the products they seek. After this conversation, the retail chain cancels the contract with your manufacturing company, essentially breaching the contract, and begins buying their required merchandise from your competitor. The products manufactured by your company are in fact very high quality products. There have never been complaints in the industry relative to the service or products that you provide. And, you have longstanding contractors with other retailers to support the quality of your product. Under the law, you can sue both the manufacturing competitor and the retail chain for losses suffered. What legal claim would you make against the retail chain in this situation? What legal claim would you make against your competitor manufacturing company, with particular regard to the tort issues covered in this week's materials. From a damages perspective, what types of damages are recoverable and are you permitted to recover twice under the law? Fully explain your answer.

Homework Answers

Answer #1

In the above presented question , if i had a choice, i would firstly claim legal damages from the manufacturing company amounting to the total no of units i sold to that company for the amount of contract which was existing as legal damages as because of the breach of contract now i wont be able to sell it to them which i initally was

and also want them to renew the contract for atleast a period of 5 more years with the amount of price which company suites favourable for

And now from the competitors , first of all i wound charged them a very huge amount for defaming my company,s name in the market and demand that the product is banned from selling in that area and state where my products are sold

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Contingent Liability Facts: • You are auditing a very successful and highly profitable manufacturing company as...
Contingent Liability Facts: • You are auditing a very successful and highly profitable manufacturing company as of December 31, 2020. • The Company has always maintained adequate insurance in different areas. The Company has decided, effective January 1, 2021, not to purchase insurance against risk of loss that may result from injury to others, damage to the property of others, or interruption of its business operations. • The Company would like to record a $5,000,000 reserve as of December 31,...
A manufacturing company produces 10,000 products a day. From previous experience, quality control analysts estimate that...
A manufacturing company produces 10,000 products a day. From previous experience, quality control analysts estimate that 0.5% of products manufactured have some kind of defect and cannot be sold. The defective products are thrown away and treated as a loss. It costs $1.00 to manufacture, distribute, and market each individual unit, regardless of whether or not the product has a defect. The unit retail price is $5.00, and each of the non-defective products sells with probability 0.95. 6. Calculate the...
Suppose the company that you own outsources the manufacturing of a crucial component of your product...
Suppose the company that you own outsources the manufacturing of a crucial component of your product to a supplier in a developing country. Later you discover that the supplier manufactures your component under a sweat-shop condition. Although all of its workers are adults, they earn a very low wage and work twelve hours a day, seven days a week. However, you also discover that most of the other factories in the village where the supplier is located have worse working...
Ethical Dilemma As a buyer for a discount retail chain, you find yourself caught in a...
Ethical Dilemma As a buyer for a discount retail chain, you find yourself caught in a maelstrom. Just last month, your chain began selling an economy-priced line of clothing endorsed by a famous movie star. To be price competitive, you have followed the rest of the industry and sourced the clothing from a low-wage region of Asia. Initial sales have been brisk; however, the movie star has recently called you screaming and crying because an investigative news outlet has reported...
Safiya was a learner driver. She was taking lessons from a licensed trainer Munira & Company...
Safiya was a learner driver. She was taking lessons from a licensed trainer Munira & Company Trainers. Munira the trainer accompanying Safiya checked and confirmed that Safiya’s insurance covered her for passengers before agreeing to start to her first training session. During one of the lessons Safiya lost control while trying to take a turn. Munira told her to straighten the wheel but Safiya panicked and failed to do as asked. She approached the pavement and Munira grabbed the handbrake...
ng a Contract Assignment ? INTRODUCTION: As a business owner and/or employer, you will need to...
ng a Contract Assignment ? INTRODUCTION: As a business owner and/or employer, you will need to draft, prepare and negotiate contracts with other businesses, employees, and independent contractors. While you may need to retain an attorney for many contracts, you should have a basic understanding of what clauses to include (and why) in various types of contracts. In this assignment, you will use the knowledge and information you have learned in this course to draft a general contract “checklist” as...
You are an insurance adjuster for XYZ Insurance Company. You supervisor has asked you to review...
You are an insurance adjuster for XYZ Insurance Company. You supervisor has asked you to review the following claim and make a recommendation as to how much XYZ should offer to settle it. Your response should include the amount you recommend AND how you arrived at that number, i.e., the reasons why you are recommending the amount stated to settle the claim. XYZ insures BurgerMac, a nationwide fast food chain, under a CGL policy. The liability limit of the policy...
GMP Case Study Scenario You are the quality control (QC) manager for a relatively new company...
GMP Case Study Scenario You are the quality control (QC) manager for a relatively new company that conducts manufacturing operations under contract to pharmaceutical companies. Your company’s facility handles rDNA protein products made in fermentation processes, followed by downstream purification steps, as well as and all testing. The facility was inspected in 2015 to local current good manufacturing practice (GMP) standards.   The ongoing contract you have with SuperPharma P/L has entered a new phase. SuperPharma are providing a second generation...
Malone Industries has been in business for five years and has been very successful. In the...
Malone Industries has been in business for five years and has been very successful. In the past year, it expanded operations by buying Hot Metal Manufacturing for a price greater than the value of the net assets purchased. In the past year, the customer base has expanded much more than expected, and the company’s owners want to increase the goodwill account. Your CPA firm has been hired to help Malone prepare year-end financial statements, and your boss has asked you...
Morning Dew Company Ltd is a private company that has grown from small beginnings over the...
Morning Dew Company Ltd is a private company that has grown from small beginnings over the past 20 years to become a major supplier of hair-care products to the hairdressing trade. Its products are well liked by professional hairdressers and the company enjoys a dominant share of the market. Morning Dew has not, until recently, considered supplying their products to the retail market, but enquiries from a major national retail chain has led to the supply of samples and the...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT