Betta Corp,a Manufacturer,sold Widgets to Splendens Inc,a Wholesaler

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 (i)required the retailer to sell the widgets to its own customers at a list price established by Betta,and (ii)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.