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Team roles, responsibilities, and authorities are established during the planning phase of project management.
Reasonable Opportunity
A fair and adequate chance given to a party to perform an action or fulfill a condition within legal or contractual obligations.
Destination Contract
A contract specifying that the sale of goods will be completed upon their arrival at a specified location.
F.O.B. City
Refers to "Free on Board" at a certain city, indicating that the seller is responsible for the goods until they are loaded onto a transport vehicle at a specified location.
Express Warranty
An explicit guarantee by a seller regarding the condition, quality, or performance of a product or service.
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