1. You are in the retail industry and just got a new job with a famous and successful Italian designer.The designer is opening three new stores in New York, Palm Beach and Los Angeles.The designer has specified that you must use her cousin (in Italy) for all millwork (cabinets and display cases) for the new stores.You have been asked to prepare the contract.Outline the terms you would include in the contract including answers to the following questions.

(a)What law should govern the contract?

(b)What international treaties may apply to this transaction?

(c)What type of dispute resolution provision will you include in the contract and why?

(d)How will the funds transfer take place and what currency will you designate for payment?

(e)Who will bear the risk of loss if the goods are damaged in transit?Does it make a difference if the damage occurs in the United States or outside of the United States?