Quote:
Originally Posted by RichieRich
Depends on the type of business, what can or cannot be locked in, lead times, market conditions, etc... For example in the O&G markets we occasionally see the legal force majere implemented which effectively nullifies existing contracts. Seems many companies and their workers are ok with that but when it's personal it's harder to take. I get it. In these examples it feels like the end-user customer feels they're getting shafted, but don't consider that the local store/seller gets shafted more (like what Sliver is trying patiently to get us all to understand) to the extent that it could mean end of the business.
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Those force majere clauses are written into every contract with remedies and terms on how they are applied. They aren’t added on after the fact.
Also the disclosure of the cost increase or potential for cost increase should have been communicated and known well before the tub arrived.