Kim and Kevin were brothers,renting an apartment while they attended college. Both decided they wanted new televisions for their bedrooms. Kim started shopping around. He looked at many brands,sizes,and types of telivisions. He compared features, warranties,cost,and the reputation of the manufacturers. He prchased his television from a local dealer.

 

Kevin was in a big hurry. He picked up a catalog that had arrived in the mail,found a television that looked like it was a good priice,then called and ordered the television and charged it on his credit card.

 

1.     Which is the better approach to buying a television? Why?

2.     What are the advantages of Kim's method of shopping?

3.     What possible problems could Kevin have?

 

Purchase approaches

1. Kim's method of shopping is better. The method used by Kim ensures that he compares a variety of TV sets and therefore selects the best in terms of quality and price. On the other hand, Kelvin only buys from one seller and one TV set which does not contain the terms and conditions. Kim's approach illustrates a sales contract that has a contract with definite terms, which makes the sale contract more secure.

2. Kim's shopping method is advantageous in that it provides him with an opportunity to raise a claim in case a breach occurs. For instance, the contract in Kim's case provides a warranty, which is a term that guarantees the quality and repair of the TV for a certain limit of time. If the TV has some defects, Kim can raise a claim and recover any loss that he incurs (Florea, 2016). The contract is therefore reliable as compared to that of Kelvin.

3. Kelvin could face several problems in his way of purchasing. First, the sale contract does not provide clauses such as a warranty, cost and the features. In case the TV has defects and lacks some of the features that he expects, he has no chance of making a claim. Kelvin stands to lose if the TV he buys does not meet his needs.