Walden University Contracts Breaches Paper

I’m working on a business case study and need an explanation and answer to help me learn.

Read and research about Sears and One world (Techtronic Industries Co.) here’s the links samples but feel free to look for more just make sure that it will be about Sears and one world.

https://www.wsj.com/articles/sears-ceo-blasts-chinese-power-tool-vendor-one-world-over-contract-dispute-1494871133?mod=loomia

https://www.businessinsider.com/sears-resolves-feud-with-one-world-tool-supplier-2017-6

Describe the role of contracts, why its important and What happens if a company breaches their contract?

1.Describe your understanding of the contract dispute between Sears and One World.

2.Who is suing who, what relief is being requested? Has there been a breach of the contractual agreement between the two companies? If so, was it being settled?

3.Why did you take the position that you took regarding the breach?What went wrong? why did the company ended up suing the other?

4.How is this going to impact business reputation? for both companies

(This happened in 2017 please do not take into consideration what happened after 2017. Put your self into the shoes of the companies in 2017.)