What Are Some of the Factors That Would Cause a Supplier

question 75

Essay

What are some of the factors that would cause a supplier group to become powerful? Illustrate.

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Definitions:

Misrepresentation

A false statement of fact made by one party to another, which, while inducing that party to enter into a contract, leads to its breach.

Misleading Statement

False or deceptive information that can lead someone to an incorrect understanding or belief.

Expression of Opinion

The act of stating or sharing one's thoughts, beliefs, or judgements without the intention of stating a fact.

Misrepresentation

False or misleading statements made about a significant fact, which induce another party to enter into a contract or agreement.