By Pressurizing a Supplier to Sell Products at Very Low

question 22

True/False

By pressurizing a supplier to sell products at very low prices,a buyer may,in effect,force the supplier to compromise on the quality of the product.

---

Definitions:

Equitable Remedies

Legal solutions given by a court based on fairness rather than strictly on laws, such as injunctions or specific performance.

Injunction

A court order requiring an individual or entity to do or cease doing a specific action.

Consequential Damages

Consequential damages refer to losses or harm that do not directly stem from a party’s actions but are a secondary result of those actions.

Liquidated Damages

A predetermined amount of money that must be paid as compensation for failure to fulfill a contract or meet certain conditions.