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Don Willetts and his wife Dana began visiting the Sunday Need more help! Don Willetts and his wife Dana began visiting the Sunday school class you teach in New Bern, NC, about 3 months ago. Don is not a Christian, but, with the encouragement of his wife who is a Christian, he says he is beginning to explore the faith. After his first visit to the class, you spent some time talking with Don. You discovered that he owns a small, local health food products business and that he is interested in growing the business by adding some new product lines. You informed him of the high anti-oxidant qualities of the Scuppernong grapes your family produces company sells, and you asked him if he might be interested in promoting either the grapes themselves or the various products and pills developed using their seeds. Don was interested, and, a few days later, you supplied him with some samples. The samples turned out to be a very popular item with his regular customers, so he placed a modest phone order with your company. Over time, Don placed regular, increasing phone orders, and he began investing heavily in advertising for the Scuppernong products at his store. Your company has faithfully delivered everything requested, promptly, and at consistent prices. You typically sent an invoice with each delivery, requiring payment within 30 days, and, though Don had frequently been late making payment, he had generally paid each invoice within 45 to 60 days. You had elected not to charge him any interest or penalties though your invoices state that you reserve the right to do so. On one occasion when your 17-year-old son, a part-time deliveryman for your company, delivered some product to Don’s store, Don handed your son a requirements contract and asked him to sign it on behalf of your company. The contract included a guaranteed price schedule consistent with what he had been paying. Don told him that it was “just a formality” to guarantee a continuing business relationship. Your son signed the contract and gave it back to Don. Neither Don nor your son mentioned the contract to you. After a columnist for the New York Times wrote an article praising the anti-oxidant qualities of Scuppernongs, the demand for Scuppernongs skyrocketed nationwide. Your company became inundated with orders, far in excess of your ability to meet the demand. A company in Connecticut offered to pay you twice the going rate for your products, but the company also required you to sign an output contract as a part of the deal. Though this contract would represent a substantial financial windfall for your company, you felt bad about potentially leaving Don out to dry. You called Don, advised him of the offer you had received, and, to try and soften the blow, you suggested to him the names of other reputable potential suppliers in the area. To your surprise, Don became very angry and told you that he expected you to continue to supply him with all the product he needed, when he needed it, and at the prices he had always paid per the requirements contract between your businesses as well as in accord with an implied duty of good faith and fair dealing that had evolved based on your ongoing business relationship. When you asked what requirements contract he was talking about, he faxed you a copy of the contract that had been signed by your son. Your assignment: Looking at the situation from both a legal and spiritual perspective: 1. What should you do about continuing to do business with Don? 2. If you elect to stop doing business with Don, what legal causes of action might he bring against your company, what damages or remedies might he seek, and what legal defenses might your company have? In connection with this assignment you may want to research the following legal concepts and incorporate what you find in your DB response if you consider them relevant: Covenants of good faith and fair dealing Minor’s capacity to contract Fraud in the execution of a contract An employee’s capacity to bind a company by contract Section 2-306 of the Uniform Commercial Code Implied contracts Promissory Estoppel Custom and practice between merchants Any other legal concepts you believe may be relevant You may also want to look at: Sons of Thunder, Inc. v. Borden, Inc., 148 N.J. 396 (1997). Jenkins, Sarah Howard (Fall, 2006).Symposium: Contracting out of the Uniform Commercial Code: Contracting out of Article 2: Minimizing the obligation of performance & liability for breach, 40 Loy. L.A. L. Rev. 401. Students also viewed these Organizational Behavior questions Don Willetts and his wife Dana began visiting the Sunday school class Don Willetts and his wife Dana began visiting the Sunday school class you teach in new Bern, NC,…… … capacity to contract • Fraud in the execution of a contract • An employee’s capacity to bind a company by contract • Section 2-306 of the uniform commercial code • Implied contracts… Don owns equipment that he purchased several years ago for $400,000. Over Don owns equipment that he purchased several years ago for $400,000. Over the years he properly…… … a pension from his employer will provide for his retirement. Don plans to retire next year. He currently has a 25% marginal tax rate. Discuss the tax implications of the sale. Is there anything… Visit either a local health club or diet center and schedule an Visit either a local health club or diet center and schedule an interview with the leader. 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If an investment does not fit with an organization’s strategic plan, it is probably not a good idea, even if the net present value is positive.” Under what conditions would… What is Strategic Human Resources Management and how does it link the What is Strategic Human Resources Management and how does it link the people with the strategic needs of the business? Phillips Corporation, which manufactures shoes, hired a recent college graduate to work Phillips Corporation, which manufactures shoes, hired a recent college graduate to work in its…… … Corporation gave the machine plus $680 to Luzinski Business Machine Company (dealer) in exchange for a new machine. This transaction has commercial substance. Assume the following information… The California Department of Environmental Protection is interested in what happens with The California Department of Environmental Protection is interested in what happens with methane…… … also tests 80 gasoline powered cars for the same period with the same lack of maintenance. At the end of the period, 20 of the gasoline powered cars fail the test. Present a hypothesis, a null… Passera Inc. manufactures a single product in a continuous processing environment. All Passera Inc. manufactures a single product in a continuous processing environment. All materials…… … (1) materials and (2) conversion costs (c) The total cost for 2016 for (1) materials used and (2) conversion applied (d) The cost of ending work in process for 2016 (e) The cost of units… Trudy’s Trendy Threads (TTT) is a regional wholesaler of women’s casual attire. Trudy’s Trendy Threads (TTT) is a regional wholesaler of women’s casual attire. The company is…… … company’s Web server. Required: a. Speculate as to potential causes of this problem. b. What additional information would be needed to determine the actual cause of this problem? c. What… Determine the directions of the principal axes with origin located at point Determine the directions of the principal axes with origin located at point O, and the principal moments of inertia for the area about these axes. Solve using Mohr’s circle Given: a = 4 in b = 2 in c = 2 in d = 2 in r = 1 in Sources and Uses of Cash Based only on the following information for Sources and Uses of Cash Based only on the following information for Angkaw Corp., did cash go up or down? By how much classify each event as a source or use of cash. Decrease in inventory $400 Decrease in accounts payable 160 Increase in notes payable 580 Decrease in accounts receivable 210