Buyers should avoid the practice of routinely tolerating suppliers that breach purchase contracts because doing so may result in the buyer forfeiting the right to legal action.
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Q11: Contractual mistakes are covered under the UCC.
Q12: Executive management sets the ethical code of
Q13: Since people make agreements every day, every
Q14: The UCC allows the purchaser to reject
Q15: A firm should not encourage suppliers to
Q17: Contract law is concerned with governing the
Q18: A contract can exist only when there
Q19: Suppliers seldom attempt to influence the decisions
Q20: In agreeing to perform the purchasing duties
Q21: It is illegal for sellers to exaggerate
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