Veronica agrees to sell 15 cases of DVDs to a local retail outlet at $120 for each case. Each case is to contain 100 DVDs. When the local retail outlet receives the cases and opens them, it finds that most of the cartons have only 75 DVDs. The retail outlet files a lawsuit against Veronica. During litigation, the retail outlet decides to settle the matter outside the court in order to reduce the expenses involved. Both parties finally agree to revise the rate of each carton to $100, with each carton containing 75 DVDs. The settlement between Veronica and the retail outlet is an example of .
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Veronica agrees to sell 15 cases of DVDs to a local retail outlet at $120 for each case. Each case i...
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