Question
You are an executive vice president for ABC Company, a company that manufactures various products for the automotive industry. Your company uses largequantities ofDioximace ,which
You are an executive vice president for ABC Company, a company that manufactures various products for the automotive industry. Your company uses largequantities ofDioximace ,which is a chemical that is manufactured by only one corporation, the DIO Corporation.You are currently in negotiations with DIO for a three-year requirements contracts for Dioximace.
Both companies agree to most of the important contract terms, including the quantities thatyou expect to require, the price DIO will charge, and the delivery times.Then DIO requests aforce majeureclause, excusing DIO company from performing its contract obligations in the event ofacts of God, fire, labor disputes, accidents, or transportationdifficulties.
What problems might thisforce majeureclause causeyou?
(please help! thank you)
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