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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...
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This document was uploaded on 04/07/2014.
- Spring '14