Suppose that you are a manager at a firm like AmeriGas, the largest propane marketer in the

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Suppose that you are a manager at a firm like AmeriGas, the largest propane marketer in the United States. Your legal department has prepared the following clause to be included in your retail contracts:

Company has the right to revise the price(s) charged to Customer. If within thirty (30) days after the revision, the Customer furnishes Company with a copy of a bona fide firm written offer from an established propane supplier to sell propane at the designated location in the same quantity under similar terms and conditions at a lower price than Company’s revised price, Company may within ten (10) days either meet the lower price or rescind the price change.

Would you approve the inclusion of such a clause in the company’s contracts?

Why or why not?

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