From the internet, find a contract for the sale of goods. Then, identify clauses in the contract that cover risk of loss, performance obligations of the parties, limitations of remedies, and warranties. Copy these clauses verbatim then give a one paragraph summary for each clause explaining what it means and how this clause could be re-written, or omitted, to the advantage of the buyer in the transaction. Also, suggest and draft at least two additional clauses to the contract that would be to the advantage of the buyer.
Evaluation will be based upon the quality of your research (10%), documented application of key course concepts and information (50%), logical organization of your answers (20%), and the quality of your writing, which will comprise 20% of your evaluation on this assignment. Writing quality includes spelling, grammar, punctuation, and word choice