Df would test market the product at 600 a piece it

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: would test market the product at $600 a piece. It was agreed that WW would deliver the coffee tables at the fair site latest by 11 am on 15 March. DF paid a deposit of 10% of the purchase price with the balance due and payable within 30 days after delivery. DF was also expecting an international buyer who had expressed an interest in the new design and had tentatively placed an order of 500 coffee tables for export subject to approval of the product and confirmation of the order at the fair. After obtaining the order WW realised that there was then a severe short supply of rosewood and decided to substitute mahogany wood instead. As they lost valuable time while unsuccessfully sourcing for rosewood the factory had to do a rush job and they only managed to deliver the coffee tables to DF at the fair site at 10 am on 16 March. DF was shocked to discover that the coffee tables were made of mahogany wood instead of rosewood and that instead of the stipulated height of 18 inches they were of a height of 15 inches. It...
View Full Document

This document was uploaded on 04/07/2014.

Ask a homework question - tutors are online