Dontally Imports Inc.has an expiring contract that the overseas supplier is anxious to renew.However,supplier shortages caused difficulties for Dontally.Recently it was able to secure a reliable,alternate source,to meet its obligations to its large merchant customers.With respect to expiring contracts,which of the following actions should the legal risk department recommend?

Question

Quizplus · Accepted Answer

Eliminating the risk by not renewing the contract with the unreliable supplier is advisable since Dontally has found a reliable alternative source.