Shrink-Wrap Terms Are Enforceable Even If a Buyer Does Not

question 58

True/False

Shrink-wrap terms are enforceable even if a buyer does not discover them until after the parties have entered into a contract.

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Definitions:

Peak Demand

The period of highest customer demand for a product or service, which can strain resources and require careful planning to manage effectively.

Overall Profitability

A measure of the total financial gain or success of a business after all expenses and costs have been subtracted from revenue.

Marginal Subcontracting Cost

The additional cost incurred for each unit or batch of production or service delivery that is outsourced to a subcontractor.

Layoff Cost

The expenses associated with terminating employees, including severance pay, benefits continuation, and administrative costs.