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Due to Political Upheaval in the Middle East,in Spring 2011,Procter

question 80

True/False

Due to political upheaval in the Middle East,in spring 2011,Procter & Gamble was forced to briefly close plants in Egypt that supply products for South Africa.


Definitions:

Chief Characteristics

Principal or most significant features, properties, or attributes that distinguish a subject or entity.

Implied Covenant

A legal promise that is not expressly stated but is considered a fundamental part of a contract to ensure fairness and honesty.

Good Faith and Fair Dealing

An implied contractual obligation to act honestly and fairly towards the other party, avoiding taking unfair advantage in a transaction.

Franchise Territory

The specific geographic area granted to a franchisee by the franchisor in which to operate and market the franchised business.

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