Prepare a contract for the purchase and sale of [choose and insert your favorite, most striking or outlandish color/pattern/texture combination] custom sport coats to one of your company’s biggest customers, “Century 22 Real Estate”.
Prepare a contract for the purchase and sale of [choose and insert your favorite, most striking or outlandish color/pattern/texture combination] custom sport coats to one of your company’s biggest customers, “Century 22 Real Estate”.
June 3, 2020 Comments Off on Prepare a contract for the purchase and sale of [choose and insert your favorite, most striking or outlandish color/pattern/texture combination] custom sport coats to one of your company’s biggest customers, “Century 22 Real Estate”. Uncategorized Assignment-helpYou are a garment manufacturer and retailer in Los Angeles named “[YOUR LAST NAME]’s Academy Award Clothes” who manufactures, distributes and sells suits and other clothing from a factory/warehouse/showroom building at 711 S Hope St, Los Angeles, CA 90017. Prepare a contract for the purchase and sale of [choose and insert your favorite, most striking or outlandish color/pattern/texture combination] custom sport coats to one of your company’s biggest customers, “Century 22 Real Estate”. The customer wants to custom order and utilize these distinctive colored/textured jackets for all of their sales people to wear as walking business cards. Apply your knowledge of business, law and contracts to draft this contract. Use and insert your last name to create your company name. Determine which type of business entities the parties are (see Ch 16, pp 498-499 Business Entities chart). Be sure to insert the business entity form in the name of each party.Be sure to include ALL the relevant necessary contract provisions drafting the contract. The contract must include EACH of the following, as set forth, and IN THE NUMBERED ORDER and DETAILED, as follows:I. Introduction: In the introductory paragraph set forth the names of the parties to the written contract – buyer(s) and seller(s), and FOR EACH PARTY MUST:State party’s complete name, including designation of the type of business entity (whether a business organization or an individual)Identify what type of business entity form (LLC, Corporation, Limited Partnership, Limited Liability Partnership, General Partnership Sole Proprietor, etc.)State the individual signor’s name of that person signing on behalf of the businessState the signer’s official title for the company (Managing Partner, Managing Member, President, CEO, Sole-Owner, etc.)II. The specific terms of the sale including EXACTLY the following contract clause provisions NUMBERED EXACTLY IN ORDER as follows:Sale of Goods and Purchase Price. (including: description of the products, quantity, individual unit prices and total price)Invoices, Payments (incl. late fees)Delivery, Risk of Loss, TitleAcceptanceNoticesWarrantyWarranty of TitleIndemnificationLiquidated DamagesTaxesSecurity InterestTime is of the EssenceSeverability (of individual provisions)Force Majeure (Act of God)Assignment; DelegationArbitration and/or Mediation ProvisionCancellationGoverning Law and Forum SelectionService of SuitAttorney Fee ProvisionSeverabilityEntire Agreement (Integration Clause statement that contract constitutes entire agreement)CounterpartsIII. Signatures blocks of authorized signatories with: names and official titles typed in; a line for authorized signors to sign their signature; and a line for the signing date