Examlex
Which of the following is not one of the three types of buyer supplier relationships presented in the textbook?
Impossibility of Fact
A situation where the completion of a contractual duty or obligation cannot occur due to unforeseen and unavoidable factual circumstances.
Hardship Rule
A legal principle allowing for the modification or termination of a contract when unforeseen hardships render its performance impractical or excessively burdensome.
Counteroffer
A proposal made in response to an initial offer, which effectively rejects the original offer and proposes new terms for agreement.
Saxony Carpet
A type of carpet known for its dense, soft pile, often used in residential settings for a luxurious appearance.
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