Electronic Sales Contract

[ksubarnard]

My question involves business law in the state of: Kansas

I currently own a store that is negotiating the sale of several electronic pieces to a large motorcycle company for a production bike they are introducing. They have timelined the need for approx 300 items they will be purchasing and having installed by my store over the next 6 months. I am wanting to find a template, terms of agreement or some excellent information on how to protect myself incase the deal falls through and they have not bought all the product. For instance, say I order 100 items from my vendor for a master pack price intending to easily sell them because the manufacturer wants 300, and the motorcycle manufacturer calls and says that they are not going to proceed with the production, but thanks anyways. I want the motorcycle manufacturer to be accountable for what I have already ordered because there is no chance that I can sell 100 of the exact same item in a years time. Also, I do not want to be stuck with an invoice for 100 pieces I have no immediate use for. If I could be some help with this, I would really appreciate it. Thanks so much.

Frank, KS, USA

[LawResearcherMissy]

The absolute best way to protect yourself is to consult with a local attorney and have him/her draw up a contract for you based on the exact details of the deal you have. Too much can go wrong with a DIY contract, and you don't want that with the potential for hundreds of thousands of dollars at stake.

First consultation is usually free, and will include a fee quotation for the work.