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Karin's Coats Inc. does a deal with Sandra's Sharp Clothes, a shop that sells coats and other clothing. Karin's Coats agrees in a written and signed contract to sell 60 coats to Sandra Sharp Clothes for $50 dollars per coat. Delivery is to be November 15th.

On November 14th, Karin's Coats notifies Sandra's Sharp Clothes that they refuse to deliver the coats.

There will be no delivery of the coats as they are canceling the order. Explain what options Sandra Sharp Clothes has and discuss how you think that Sandra Sharp Clothes should proceed.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92803080

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