Please help me answer these 15 questions. I am completely lost.
Project #9 Analyze a Contract. DUE November 21, 2017 (65 possible points) Turn to pages 396-399, Appendix to Chapter 20, "An Example of a Contract for the International Sale of Coffee\" In spite of this being an international contract, analyze this using the contract itself, then use UCC and US contract rules, rather than looking to the CISG. ' Use the contract example and explanation as well as the chapters on contracts to answer the following questions: / / 1. What is one of the most important terms to include in a contract for sale of goods? (Under the UCC, what is the essential term that cannot be left open, so long as the parties intended to make a contract and there is a reasonably certain basis for the court to grant an appropriate remedy for other terms that are left open?) 2. What are \"chops\" as used in this contract? if a court was interpreting this contract, what method(s) would they look to, to determine the meaning of \"chops\" and why? 3. What are the three clauses usually included in international contracts, but not included in this one, and why are they important to international contracts? 4. What would happen if the coffee was denied entry into the US. at the border due to a law that existed at the time the formation of the contract? Who bears the risk of this happening? What is the remedy for the non-breaching party? Who pays for the transport of the coffee to a warehouse in the US? Who pays U.S. import taxes? ' How long does the Buyer have to accept or reject the coffee after it reaches the warehouse? What happens if the Seller declares bankruptcy before shipping the coffee? After shipping the coffee but before it reaches the warehouse? After it reaches the warehouse? What are the rights and obligations of the Seller and Buyer in each situation? 9. What happens if the Buyer becomes insolvent before the coffee is shipped by the Seller? After the coffee is shipped but before it reaches the warehouse? After it reaches the warehouse? What are the rights and obligations of the Seller and Buyer in each situation? 10. What are consequential damages? Are they allowed in the event of breach of this contract? Will a court uphold this? Why or why not? 11. Does the Seller have an obligation to notify the Buyer of the arrival of the coffee in the warehouse? If so, how and when must the Seller notify the Buyer? 12. What if Seller sends the coffee in hand-sewn polyester bags, lined with cotton. Is that in compliance with the contract? What methods would a court use to determine that, in order of importance, and why? What remedies would the Buyer have if it were not in compliance with the contract? What choices would the Seller have? 13. If the Buyer accepts the coffee initially, can the Buyer revoke acceptance of the coffee? Why or why not, and under what circumstances? 14. If the coffee is rejected after arriving in the warehouse how would the Buyer reject it? Since the coffee is in the US, what happens to the coffee? Who has what risk of loss at that point? 15. What if the Seller announces, without explanation, in November that it will not be delivering the coffee, what remedies does Buyer have? Does the Buyer have a duty to cover? What if the 9>Isnsn
