In the business world, many companies enter into long-term contracts with respect to high volume, expensive, or essential transactions. A long-term contract is certainly beneficial for these types of ...
As countries around the world respond to the arising threat posed by the coronavirus (COVID-19) pandemic, businesses are finding their operations interrupted due to a number of reasons, such as ...
Editor’s note: This article was originally published on the Hutchison Law blog. For businesses facing a situation where its performance under a contract may be delayed or it may not be able to perform ...
Uniformly, courts have held that UCC §2-306 permits buyers in requirements contracts to order more goods than estimated unless the order is made in bad faith or is "unreasonably disproportionate" to a ...