Outline the Benefits and Risks of the Use of International

question 64

Essay

Outline the benefits and risks of the use of international suppliers.

---

Definitions:

Cadillac

A luxury vehicle brand known for its high level of craftsmanship, comfort, and prestige.

Quantum Meruit

A legal principle where a person is paid for the value of the services provided, even in the absence of a contract, based on the reasonable value of services rendered.

Breaching Party

The entity or individual who fails to comply with the terms of a contract, thereby causing a breach.

Creditor

An individual, corporation, or other entity that is owed money by another entity, known as the debtor.