Examlex
The overall objective of inventory management is to achieve satisfactory levels of customer service by having sufficient quantities while keeping inventory costs reasonable.
General Contractor
A primary contractor responsible for the oversight of a construction project, including the coordination of subcontractors and direct communication with the project's owner.
Subcontractors
Independent businesses or individuals hired by a primary contractor to perform a specific part of a larger project.
Offeror
The party in a contract that proposes the terms of the agreement to another party, known as the offeree.
Definiteness
The quality of being clear and precise, especially in the context of legal contracts, where terms must be explicit to be enforceable.
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