You are opening a small coffee shop by yourself in downtown Kelowna. You must negotiate contracts with various parties, including all your suppliers. You have secured an agreement with a local organic coffee bean producer. You believe that your competitive advantage depends on being the only coffee shop downtown Kelowna offering that particular product.

Name five (5) clauses that you would need to include in your contract with your coffee bean supplier. For each of those clauses, explain why they are important from a risk management perspective (that risk can be legal or operational) (5 marks)