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There's another possibility: 4. The initial deal was verbal or even written down, but not in a contractual way. i.e. they get an email saying, hey, we are goin
by dtnewman 4y ago
There's another possibility:
4. The initial deal was verbal or even written down, but not in a contractual way. i.e. they get an email saying, hey, we are going to follow up with multiple purchase orders that will total 6000 units
When the actual POs (which are more "legally binding" so they won't use ambiguous language or industry jargon) come in, they use language that specifies the exact number of cases + number of items per case + payment per case + total payment.
- Ekaros 4y agoAdd to this it seems they didn't fully understand all of the details of those POs. Like payment schedules, that they can return unsold inventory after certain point and so on. The distributor likely treated them as some bigger operator that could just supply stuff and have other buyers. Or they just didn't care.