You are the buyer of a large quantity of ball bearings. you sign a contract drafted by the seller which states you will "pay $500,000 for shipment for agreed goods arriving to new york next year on ship mv liberty." afterward you realize that "liberty" is a common name in shipping and are concerned that a risk exists that you will be forced to pay for different goods that arrive on a ship with a similar name. evaluate this risk and articulate ways that the contract could have been drafted to prevent a problem.
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You are the buyer of a large quantity of ball bearings. you sign a contract drafted by the seller wh...
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