Centralized Purchasing Is More Likely to Be Followed for Commodity-

question 23

True/False

Centralized purchasing is more likely to be followed for commodity- based purchases than for specialized parts and services.

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Definitions:

Vicariously Liable

The legal responsibility of one party for the actions of another, based on a special relationship, such as an employer being liable for the actions of an employee.

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, retaining control over how the work is executed.

Abnormally Dangerous Activity

Activities that inherently carry a significant risk of harm to others or property, where the activity is not common usage and the risk cannot be entirely eliminated.

Contractual Liability

The legal obligations that parties have under a contract, including the consequences of breach.