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Blake has subscribed to a local charitable association where he needs to make a monthly payment of $100. However, a few months later, Blake stops paying this amount. Which of the following exceptions to the requirement of consideration will enforce that Blake pays the amount?
Increase In Profit
The growth in net earnings resulting from operations, often driven by increased sales, cost reduction, or improved productivity.
Bullwhip Effect
A phenomenon in supply chain management where small fluctuations in demand at the retail level cause increasingly larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.
Supply Chain
A network between a company and its suppliers to produce and distribute a specific product to the final buyer.
Internet-Based Inventory
Inventory management systems that use internet technologies to monitor and manage the stock levels of products.
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