What Does SCM Stand For

question 36

Short Answer

What does SCM stand for?

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Definitions:

Quasi-contract

A legal concept where a court imposes a contractual obligation on a party who didn't necessarily agree to it, to prevent unjust enrichment.

Implied-in-fact Contract

is an agreement derived from the actions, conduct, or circumstances of the parties involved, rather than from explicit written or spoken terms.

Negotiable Instrument

An official document that assures the payment of a fixed sum of money, payable either on demand or at a designated time, with the document bearing the name of the person obligated to pay.

Letter of Credit

A financial document issued by a bank that guarantees a buyer's payment to a seller within a specified timeframe.