The Cost of Resources Supplied but Unused Is Known As

question 21

Multiple Choice

The cost of resources supplied but unused is known as:

• A)practical capacity costs.
• B)the cost of theoretical capacity.
• C)the cost of unused capacity.
• D)the cost of resources supplieD.
• E)capacity cost.

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Definitions:

Perfect Tender Rule

A legal principle stating that a seller must deliver goods in accordance with the contract terms in every detail for the buyer to accept them.

Material Requirements

Specific essential resources or inputs needed for a project, production, or manufacturing process.

Unconscionability

Refers to a situation where a contract is so unfairly one-sided that it shocks the conscience, often due to undue influence, duress, or gross inequality in bargaining power.

Enforceable Offer

A proposal made in a contract that is legally binding and can be enforced in a court of law, provided it meets all the required conditions.