Conduct research on the relevant legal and Acquisition and Supply Chain Management (ASCM) issues, and analyze the case. Discussion should include analysis of all applicable laws. The paper must include discussion of, and citation to, relevant Uniform Commercial Code (UCC) sections. Be sure to clearly state all assumptions.
address the following issues: 1. Contract formation: Was a valid contract formed between the buyer and the seller? Outline the elements of a contract and apply the facts of the case, including a detailed analysis of each element. 2. Risk of loss: Which party should bear the risk of loss of the wine? 3. Tort Liability: Who should the contractor sue? What legal theory should be the basis for his lawsuit?