Rite Clothiers, Inc., sells t-shirts to Brand Name Stores, Inc., under an existing con?tract. When textile costs increase, Brand agrees to a price increase, but later wants to cancel the con?tract. Brand may

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Brand Name Stores, Inc. agreed to a price increase due to rising textile costs, which implies a modification of the contract terms. Once agreed upon, the contract is binding, and Brand cannot unilaterally cancel it without breaching the contract.