Question

Draft a contract not to exceed two pages in length, providing all essential terms, providing for all foreseeable contingencies that you can, and delineating remedies for breach based on the following facts: You own a new restaurant called "Bill's Mexican and Irish Food". You have agreed to buy all the buffalo meat you need from "Fresh Exotic Meats ". You plan to only use them for all your buffalo meat as long as they meet your requirements that the buffalo meat is all natural and speedily delivered to you fresh each business day. You never want to deal with any meat that has been frozen or has been anything in it that is not natural to range fed buffalo. You add the details, and the remedies, and everything else. Remember, you have the restaurant so you are writing the contract in terms that are best for the buyer of the buffalo meat. (But do not be oppressive to the seller - after all, you want to have a good supplier.) Make up any details that you wish that are not inconsistent with the basic facts. Prior to drafting the contract, you may want to list the issues for the contract considering the other party, the other side's attorney, accountant, and CEO. Be sure to be clear, providing a number of contingencies and remedies if there is a breach.

Answer 1

Contract

The following agreement is made on (date) between the two parties namely the buyer and the seller and they hereby agree on the following terms and conditions to buy and sell the buffalo meat respectively:

Name and address of the buyer _______

Name and address of the seller__________

The above mentioned parties are involved in the sale agreement. The buyer (buyer's name) agree upon making the appropriate and agreed upon payment to the seller (seller's name) on exchange of the fresh buffalo meat on every business day.

Terms of contract:

• The buyer hereby agrees to buy all the buffalo meat from the seller on every business day.
• The seller agrees to sell freshly prepared and natural buffalo meat to the buyer.
• The seller will not provide the buyer with any kind of frozen meat, due to any reasons.
• No artificial content will be mixed, by the seller, in the meat to increase its life and add to its taste.
• The payment will be provided to the seller on monthly basis, for which bill will be provided by the seller highlighting every single detail.
• In case of breach of any of the items in the contract the buyer will be in a position to cancel the agreement.
• The buyer will not be liable to pay anything for the meat containing artificial content.
• No payment will be made to the seller if in case frozen meat is supplied to the buyer, by faking it as fresh.
• In case of default in making the payment, the seller can take action and stop the supply of the meat, until due payment is recovered.

Date: ________

Name and Signature of the buyer _____________

Name and Signature of the seller ___________