Betta Corp, a Manufacturer, Sold Widgets to Splendens Inc, a Wholesaler.Under

Essay

Betta Corp, a manufacturer, sold widgets to Splendens Inc, a wholesaler.Under the terms of that agreement, Splendens was entitled to resell the widgets to a retailer, but only if its contract with the retailer (1) required the retailer to sell the widgets to its own customers at a list price established by Betta, and (2) required the retailer to pay $500 to Betta for every widget that it sold to a customer at a price that was below the list price established by Betta.Splendens in fact sold the widgets to Siamese Fish Ltd, a retailer.Siamese then sold ten of the widgets to its own customers for less than Betta's list price.Is Siamese required to pay $5000 to either Betta or Splendens? Explain your answer.