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[Applause] hey everybody im lloyd chatfield and this is the business law boot camp today were going to talk about supply agreements but first our standard disclaimer this video is for informational purposes only does not create an attorney-client relationship and does not constitute legal advice in any jurisdiction alternatively your sole exclusive remedy for any and all claims arising out of your use of this video shall be a full refund of the money you didnt pay to watch it so supply agreements generally speaking supply agreements for our purposes means contracts for the sale of goods between two companies they can be called sales agreements purchase agreements etc but that is the basic concept in my experience ninety percent of the issues that arise in supply agreements deal with one or more of five primary issues quantity term price warranty and liability so lets talk about each of those first what is the quantity youre selling sometimes this is very simple 100 widgets is 100
