1. Analyze the scenario by applying the various warranties, express and/or implied, associated with the sale of goods, relevant to the scenario?
2. Analyze the scenario by applying the other product liability theories associated with the sale of goods relevant to the scenario?
3. Explain the obligations of performance or duties imposed on each party to the transaction as outlined in the scenario.
4. What remedies for breach of the sales transaction are available to each party in the scenario?
Below is the provided information/scenario.
Grounds Keeper is considering adding fair trade coffee to their line of products. Other larger coffee companies are now including it, at consumers' insistence. At a recent strategic management meeting, the company's officers identified the following points:
Fair trade coffee may attract new customers.
Fair trade coffee would allow Grounds Keeper to demonstrate its social responsibility.
Fair trade coffee would require more paperwork to meet certification and contract requirements.
The higher cost of Fair Trade Coffee would require a higher price or a reduced profit margin.
If coffee prices worldwide continue to increase, consumers may be reluctant to pay extra for Fair Trade Coffee.
Current suppliers of coffee to Grounds Keeper might be in competition with Fair Trade Coffee cooperatives.
One officer present asked the following question: Should we as a company have a good reason to try to influence actions in other parts of the world? Don't we have governments to do that?
Attachment:- Fair Trade Coffee.rar