what would happen if the contract was not signed by the buyer and the seller?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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 A project manager responsible for a medical health services project
which will benefit low income earners, the unemployed and the homeless. The project is quite large and consists of the sourcing and acquisition of medical professionals, medical supplies and medical establishments to provide the services stipulated by the project charter. that after you have signed fixed price contracts for the medical services to be offered to your target population, one of the local pharmaceutical companies contracted to provide medical supplies, sends you correspondence which states that the prices that were previously agreed to have increased. The company is adamant that you have to pay the additional funds because of the increase or you will not receive the products. 

Question : what would happen if the contract was not signed by the buyer and the seller?

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