If a product sells beyond estimation, should I dump the signed contract and call for re-negotiation?

[King Belieal]

A business partner had a contract with me to sell something at a particular price and he would give me a definite amount of cut. We signed the deal.

When I got to the market, I was able to sell far above the agreed price. And the business partner is now saying we should thrash the former deal and re-negotiate based on the price I could sell.

Is that right? Should I hold out on the first contract?

 

[Stardom22]

For me l feel that it's not right. lt sounds so unprofessional dumping of the contract signed for renegotiation because of higher sales than the anticipated.

 

[eLdavis]

It is not, cause that was not part of the agreement you both made. This is why some persons tend to make provisions for issues like this when making the agreement, just in case something like this happens.

 

[Fidelia]

When you are under contract, you are in. No room for re negotiation except a clause in the contract expressly states that. People have to learn to obey contracts.

 

[Augusta]

Just wait for the expiration of the contract and renew it with a better negotiations. you can't duno the former nobody will accept that

 

[King Belieal]

The problem is that people are always desperate with contracts. It is not too much to ask for such a clause to be inserted into the contract.

 

[Springtime]

Unless both parties agree to re-negotiate, the current contract should be binding.

 

[Kera]

If the other party doesn't want to renegotiate, you can't force him or her. It is your loss and you take it.