Which of the Following Would Automatically End a Contract with a Supplier

question 52

Multiple Choice

Which of the following would automatically end a contract with a supplier if the buyer's sales fall below a stated level?

• A) an exemption clause
• B) a condition precedent
• C) a liquidated damages clause
• D) a condition subsequent

Practice appropriate guidelines for the care and maintenance of a microscope.

Understand and list strategies for creating effective sales messages.

Identify and explain ethical and legal considerations in marketing and sales communication.

Describe guidelines for developing persuasive claims.

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Definitions:

Agency by Ratification

A situation where actions taken by a person who is not officially an agent are approved and accepted by the principal after the fact, thereby creating an agency relationship.

Affirms

To declare something to be true, confirm, or ratify, especially in a legal context.

Scope of Authority

The range or extent of power given to an individual or entity to act on behalf of another or make decisions.

Unsafe Situations

Conditions or scenarios that pose a risk of injury or harm to people, property, or the environment.