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Thank you for the reply. I do have a follow-up question or two:
First, to answer your question: it was one team involved. Due to the disgruntled nature of the parents, I am dealing with extenuating circumstances.
1. They are stating that they didn't agree to all of the items that we elected, which is not true. Is that an issue?
2. Am I obligated to sell it to them at my cost for them to use in resale or can I set my own price even if it is higher than what it cost me. They received the profit they were told to expect from the first day on all items. Again, I didn't profit from any of it, but if I had, would that be an issue?
I really appreciate your time. Thank you for speaking with me.
To try to clarify
There were no starting team funds. I fronted everything from the beginning.
So, basically....I bought item C with my funds. I gave them to the team at a cost of $15 and they sold it for a fundraiser at $20. As they sold their items, they turned in monies paid to them for the merchandise to me. I then took $15 from the monies turned in to cover the cost of Item C and put the $5 profit into a fund for them to put against their balance for uniforms, etc. I had paid upfront for all the uniforms and supplies, so as I received money, I applied it to their balance. Once their expenses were paid, if they continued to raise funds in excess, I cut them a check for the extra funds.
I later discovered that Item C was only $10. Was I obligated to go back and give them the additional $5, is my question, when they were told they were getting it for $15. Or could that additional funds be used at my discretion?
They are speaking negatively of us in the community. The coach has now been penalized for this and I wonder if he has any recourse to be reinstated and did they truly have grounds to penalize him?
Thank you for your time!