______ Refers to the Sequence of Suppliers and Purchasers, Covering

question 113

Short Answer

______ refers to the sequence of suppliers and purchasers, covering all stages of processing from obtaining raw materials to distributing finished goods to consumers.

---

Definitions:

Condition Subsequent

A clause in a contract that specifies an event or action that terminates the contract or a duty under the contract.

Accord And Satisfaction

An agreement to end a contract with extra consideration to be supplied by the party benefiting from the discharge.

Discharged By Agreement

The termination of a contractual obligation or debt by mutual consent of the parties involved prior to the completion of the term specified.

Exemption Clause

A contractual term that seeks to limit or exclude one party's liability for certain breaches or scenarios.