Question
A tent company is currently facing the lawsuit by Miguel and Maria Andujar (MMA) on two issues. The first involves the fact that they sold
A tent company is currently facing the lawsuit by Miguel and Maria Andujar (MMA) on two issues. The first involves the fact that they sold MMA three items: 1) A 10 x 10 easy pop up canopy tent 2) A 12 x 12 Ultra Gazebo Tent and 3)A 10 x 15 Family Tent. Remember that MMA own The Tent House, a retail store where they have been selling tents and gazebos to the general public for 20 years. Somehow, they all forgot to include the prices of these three items! They sold number 3) to them last year for $ 500 and apparently their contract has a provision on page 7 that states that the Gazebo will be sold at 60% of the price of 3). They have never dealt with them on 1) however. Are they completely free to set any price we want on these items? To summarize then:
- CAN THEY SET ANY PRICE THEY WANT ON THE THREE ITEMS NOTED ABOVE YES OR NO AND WHY AND, IF NOT, WHAT PRICES WILL BE USED AND WHY?
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