Business Law
One of the central issues that must be resolved by the court or arbitration tribunal is whether eight percent discount offered by the Seller to the Buyer in the initial agreement applies to all future contracts. It is clear that the parties have different views on this matter. The Seller intended that it was a one-time discount; it was not supposed to apply to the future orders, and it was intended to encourage the Buyer to enter into a long term contractual relations with the Seller. The Buyer, on the other hand, thought that the Seller was willing to Continue reading...