Teeny company is trying to sell toy b to gigantic company

Assignment Help Other Subject

Reference no: EM13185269

Teeny Company is trying to sell Toy B to Gigantic Company. Gigantic sends their standard 258 page contract to Teeny and says, "We'll take 4000 Toy Bs if you can ship by next week. Please sign." Teeny calls Atty JoeBob and says, "Our break has arrived! Gigantic is buying 4000 ToyBs and paying us $8 each for them! They cost us $7.25 to make but we're getting our foot in the door! Can you look over this 258 page contract for us and let us know what we should do?" Atty JoeBob spends the next 3 days, non-stop reading the contract. He finds 22 clauses which he feels will cost Teeny anywhere from $20K to $30K in damages if things totally out of their control happen. He calls Teeny on day 4 and says, "I've got your counterproposal to give Gigantic. I don't recommend you sign ANY OF THIS until they agree to my changes." He faxes the changes over, along with the $5,000 atty fees bill for the work he did on the nightmare contract. Teeny calls Gigantic, and the "negotiator" says, "Ok, fax over the counterproposals." Teeny faxes. On Day 7, "negotiator" from Gigantic calls and says, "Nope. We don't agree to any of this...it's either our way or the highway." Teeny has been waiting for this day for a long time...and now is stuck. It's either sign today or go away. Teeny calls Atty JoeBob and JoeBob's secretary says, "JoeBob is in court all week in trial. I'll leave him a message." What should Teeny do? Why?

Reference no: EM13185269

Questions Cloud

Application to humanitarian intervention : Analyze Just War Theory and its application to humanitarian intervention. Was the U.S. use of force in Somalia in 1993 justified morally? Why or why not? Just a simple write up,

Justify the united nations as an ethical organization : What ethical theories could justify the United Nations as an ethical organization? Do you believe that the U.N. is ethical in theory and in practice (or neither)?

Does just war theory truly justify triumph of good over evil : Does Just War Theory truly justify the triumph of good over evil, or is it simply a justification for the use of force relative to the side one is on? Apply three Just War tenets to the United States and those same Just War tenets to the al-Qaeda and..

Negro poverty and white poverty : Why does Lyndon B. Johnson argue that "Negro poverty" is fundamentally different from "white poverty"?

Teeny company is trying to sell toy b to gigantic company : Teeny Company is trying to sell Toy B to Gigantic Company. Gigantic sends their standard 258 page contract to Teeny and says, "We'll take 4000 Toy Bs if you can ship by next week.

Canonical gospel to a high christology : __ is the only canonical gospel to a high Christology. Matthew. Mark. Luke. John

Explanation for chronic diseases of non-infectious origin : Was it John Cassel that argued that the agent, host, and environment triad provided an adequate explanation for chronic diseases of non-infectious origin

Who wants to be a historian : Who wants to be a historian? Nominate an individual whose historical significance occurred after 1876.

Describe relationship between personality types as measured : How would you describe the relationship between personality types as measured by diagnostics such as The Big 5 and being an effective ‘sense maker’ for your organisation?

User Account

All Pages