Naturals to buy their paint and supplies

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Reference no: EM132184926

Assume PI chooses Option 1 and establishes a 3-year exclusive contract with Naturals to buy their paint and supplies. Assume further that PI was sued 1 year into this 3-year contract period under product liability law (for example, if a client sued because of some problem directly resulting from use of Naturals paint), what liabilities could PI face under contract law if PI chose to cancel its 3-year exclusive contract with Naturals prior to the end of the 3 years. NOTE: You are to address contract law risks and liabilities, not product liability law.

Reference no: EM132184926

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