The vendor has made three monthly deliveries, but each one was 10 days late. Now you hear that the vendor's workforce is about to go on strike. What are your options?

You are the purchasing agent for a company that has just entered in to a contract with a vendor for 100 widgets to be delivered 10 per month starting in three months after the contract is signed. You should respond briefly to just one of the following scenarios. Feel free to add facts to make it more interesting.

Sixty days after the contract is signed, the vendor's plant is flattened by a tornado. What are your options? Can you cancel the contract? What clause do you need to protect your options in this case?

All 100 widgets have just been delivered when you hear that the government is planning on issuing a widget recall. Do you have a remedy? What action, if any, should you take?