Consider the Benefits and Detriments of a U

question 53

Essay

Consider the benefits and detriments of a U.S.buyer and a German seller using U.S.law for a sale contract.

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Definitions:

Transactional Relationship

A business or interpersonal relationship focused primarily on economic transactions or exchanges of goods and services, often with a short-term perspective.

Logistics

The management of the flow of goods between the point of origin and the point of consumption to meet the requirements of customers or corporations.

Performance Measurement

The process of evaluating how effectively a business or its various components are achieving key objectives and goals.