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The Average Community Net Income Is the Key Factor in Reilly's

question 67

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The average community net income is the key factor in Reilly's Law of Retail Gravitation to determine the point of customer indifference.


Definitions:

Course Of Performance

The history of dealings between the parties in the particular contract at issue.

Perfect Tender Rule

A legal principle that requires goods delivered under a sales contract to exactly meet the specifications agreed upon.

Buyer/Lessee

The individual or entity that purchases or leases goods or property.

Breach

The action of violating or not adhering to a rule, contract, or ethical guideline.

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