If Order Size Was 1,000 Kilograms of Resin, What Would

question 75

Multiple Choice

If order size was 1,000 kilograms of resin, what would be the length of an order cycle?

• A)0.05 days
• B)4 days
• C)16 days
• D)20 days
• E)50 days

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Definitions:

Notify the Third Party

The act of informing someone not directly involved in a transaction or agreement about relevant information or developments.

Disclosed Principal

A principal whose identity is known by the third party at the time a contract is entered into with the agent acting on behalf of the principal.

Signs the Contract

The act of agreeing to a contract's terms and legally binding oneself by signing a document.

Nondelegable Duty

An obligation or duty that cannot be transferred to another party and must be performed by the individual or entity originally charged with it.