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Golden Horseshoe Industries Ltd., a Canadian manufacturer located in Toronto, is entering into negotiations with Atacadista do Brasil Ltda., a potential buyer/importer in Brazil. The

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Golden Horseshoe Industries Ltd., a Canadian manufacturer located in Toronto, is entering into negotiations with Atacadista do Brasil Ltda., a potential buyer/importer in Brazil. The product is a patented small butane torch shaped like a hockey stick for commercial kitchen use. Golden Horseshoe will sell these to Atacadista for CAD 5.00 per unit. Brazil's Most-Favoured-Nation tariff rate on the product is 18%, and shipping and insurance cost will be CAD 0.50 per unit. Assuming that the negotiations are successful and Atacadista do Brasil orders 10,000 units under terms EXW Toronto (Ex Works), answer the following questions. 1. What contracts do you anticipate will arise in this transaction and who will be a party to each contract? (4 points)

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