Legal Question in Business Law in California
Last year, Widget World purchased a small competitor, Flatbush Particles Company, based in Antioch. For some reason, our auditors overlooked an agreement where Flatbush was to provide widgets to Running Motors, Inc., at a cost that would prohibit any profit.
If the agreement were to be breached, how would liability be delegated? Would Flatbush and/or Widget World be liable and to what extent?
Asked on 3/15/15, 1:46 pm
2 Answers from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
LawGuru attorneys are volunteer attorneys who attempt to assist people with their real-life legal questions. We do not provide responses to school assignments. Sorry!
Answered on 3/15/15, 3:31 pm
William Christian
Rodi Pollock
Depends on your purchase agreement. Read it.
Answered on 3/16/15, 10:38 am
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