A company called BigTrucks Ltd is proposing to sell machinery that it owns. Its board of directors instructs Maria, who is Chief Executive, to obtain offers, which will then be considered by the board.
Maria has obtained a few offers and agrees to sell the machinery to Oxfordshire County Council. The board of directors of BigTrucks does not think the price is sufficient and does not wish to perform the contract.
Advise BigTrucks Ltd.