At State and Local Levels of Government, Third Parties Are

question 72

Multiple Choice

At state and local levels of government, third parties are:

• A) Prohibited by law
• B) Replacing the two-party system
• C) Active and successful
• D) Less successful than at the national level

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Definitions:

Right To Cure

A legal right allowing a party in breach of contract a period of time to fix or remedy the breach before facing legal consequences or termination of the contract.

NonConforming Goods

Products delivered under a contract that fail to meet the specifications or quality standards agreed upon by the buyer and seller.

Price Allowance

Price Allowance is a discount or reduction in price, usually granted by a seller to a buyer, to account for damage, defects, or promotions.

Tender

An offer of money or service in payment or performance of an obligation.