Bunsen suppliers is to obtain written sales agreement

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Reference no: EM133812445

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Scenarios for Bunsen Suppliers Company

1. The common practice of Bunsen Suppliers is to obtain a written sales agreement. When an Anson Store called on the phone with an urgent need, however, Bunsen orally agreed to deliver goods in exchange for $6,000, then immediately delivered these goods to Anson without a written agreement.

2. Bunsen Suppliers has a written agreement to deliver goods to Comfort Inc. for $110 per unit. The price will drop to $95 per unit for all units if Comfort purchases more than 1,000 units per month.

3. Bunsen Suppliers has a written agreement with Darwin Company to deliver 800 units of product each Saturday afternoon. Darwin can alter the quantity or cancel a delivery any time before noon Saturday. Determine if a contract exists for each of these scenarios and explain why or why not?

Reference no: EM133812445

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