Van Overschelde Manufacturing (VOM)is a successful multi-million-dollar electronics component manufacturer.The company president,Elias Van Overschelde,personally collects rare Canadian native art.One of the members of the maintenance crew at VOM,Usama,had recently purchased at a garage sale an article that Usama thought might be a piece of Canadian native art.Having purchased the piece for $2 Usama wondered what it was worth and showed the art to the Elias.Elias immediately recognized the piece as an extremely rare example of early 1700s Iroquois art worth nearly $250,000.Elias,knowing that Usama had paid only $2,immediately offered Usama $1,000 for it.Usama,who couldn't believe his luck,immediately accepted.Prior to formalizing and executing the agreement,what prudent step should Elias take to ensure the deal cannot later be overturned by the courts?

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The Answer of Van Overschelde Manufacturing (VOM)is a successful multi-million-dollar electronics component manufacturer.The company president,Elias Van Overschelde,personally collects rare Canadian native art.One of the members of the maintenance crew at VOM,Usama,had recently purchased at a garage sale an article that Usama thought might be a piece of Canadian native art.Having purchased the piece for $2 Usama wondered what it was worth and showed the art to the Elias.Elias immediately recognized the piece as an extremely rare example of early 1700s Iroquois art worth nearly $250,000.Elias,knowing that Usama had paid only $2,immediately offered Usama $1,000 for it.Usama,who couldn't believe his luck,immediately accepted.Prior to formalizing and executing the agreement,what prudent step should Elias take to ensure the deal cannot later be overturned by the courts?

Van Overschelde Manufacturing (VOM)is a Successful Multi-Million-Dollar Electronics Component Manufacturer