Discussion Board Forum Case Study

Liberty University

BUSI 561

Abstract

Don Willetts is the owner of a small health foods products business and is interested in adding new product lines. Then the reader is asked to place themselves in the role of a business owner that produces a line of grape based antioxidant products and pills. Over time, the company forms a business relationship with Don and he begins placing increasing orders for product. The product has been consistently delivered to Don on time and at a consistent price level.

The scenario includes that your 17 year old son who is a part-time deliveryman for the company signed a contract with Don Willetts guaranteeing him a price schedule consistent with the prices he had become accustomed to paying. Don and your son never made any mention of this contract so you have no knowledge it exists. Shortly, after this contract was signed by your minor son, there was a newspaper article praising the qualities of your products so demand and prices for the product soared. A new company is offering double the previous price however they are seeking an output contract.

After this surge in demand, you notify Don of the situation and suggest alternate suppliers for the product. Don became angry and insisted that your company should continue to supply him at the prices he had been paying. He then began to cite that your company signed a requirement contract with him and sent a copy of this contract that was signed by your 17 year old son.

Discussion Board Forum 2 Case Study

This case study is exploring the topic of contracts. The business relationship with a fictional nutritional supplement company and vendor Don Willetts is the focus of this particular case study. The case involves a rapidly evolving supplier and vendor relationship due to quickly changing conditions because of a rapid increase in demand for a product. According to the scenario it appears that Don has been a fairly loyal vendor and has generally paid invoices for...