An Example of ___________ Involves Ordering Something Online and Then

question 17

Multiple Choice

An example of ___________ involves ordering something online and then picking it up at a bricks-and-mortar store.

• A)supply chain management
• B)finance
• C)omnichannel retailing
• D)big-box retailing

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Definitions:

Orally Agree

To come to a mutual decision or arrangement through spoken words rather than written documents.

Contract Rescission

The legal act of canceling a contract and returning the parties involved to their positions before the contract was signed.

Mistake Of Value

A legal concept referring to an error made by one or both parties at the time of contract formation, concerning the value of the goods or services to be exchanged.

European Courts

Judicial institutions operating within Europe, including both national courts of individual sovereign countries and transnational courts such as the European Court of Justice.