Examlex

Solved

_____ Refers to Buying Raw Materials, Components, or Services from One

question 86

Multiple Choice

_____ refers to buying raw materials, components, or services from one supplier exclusively, rather than buying from two or more suppliers.


Definitions:

Partial Assignment

The transfer of a portion of one’s interest in a contract, deed, or benefit to another party.

Assignment of Rights

The transfer of rights held by one party to another party.

Contract

A pact among two or more parties that holds legal force and is binding.

Duty

An obligation or responsibility imposed by law, moral guidelines, or codes of conduct that requires a person or entity to act or refrain from acting in a certain way.

Related Questions