A Long-Term Procurement Contract Helps to Avoid the Risks of Opportunism

question 70

True/False

A long-term procurement contract helps to avoid the risks of opportunism, and should reduce procurement costs

---

Definitions:

Chemical Bases

Substances that accept protons from acids or donate a pair of valence electrons to form a bond, typically having a high pH when dissolved in water.

Genes

Basic units of heredity in living organisms, made up of DNA, that influence specific characteristics or traits.

Phylum

A phylum is a major taxonomic category in the classification of living organisms, ranking above class and below kingdom, grouping together organisms with a shared body plan or significant similarities in structure or ancestry.

Taxonomic Category

A level or rank in the system of classifying organisms, such as species, genus, family, etc., used in biological classification to organize the diversity of life.