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What Is the Name of the Inventory Control Method in Which

question 20

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What is the name of the inventory control method in which a list is maintained of items that need to be reordered?


Definitions:

Misrepresentation

The act of giving false or misleading statements that induce someone into a contract, which can be grounds for voiding the agreement.

Fraud in the Inducement

A deceitful practice intended to convince someone to enter into a contract or agreement under false pretenses.

Relied

The act of depending on or trusting in something or someone.

False Representation

The act of deliberately presenting false information or deceiving others about a fact, product, or situation.

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