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Peter,a Logistics Manager,is Trained to Handle Inventories and Make Procurement

question 60

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Peter,a logistics manager,is trained to handle inventories and make procurement decisions in the absence of the purchasing manager.Which of the following training methods was received by Peter?


Definitions:

Estoppel

A legal principle that prevents a party from contradicting or asserting something contrary to a previous statement or behavior.

Detriment

A loss or harm suffered as a result of an action or a decision.

Adequacy

The sufficiency of something in meeting a specific need or standard, often evaluated in terms of quality or quantity.

Consideration

The value promised to be transferred in a contract, making it legally binding.

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