In a Bill of Materials, Each Component Is Comprised of One

question 74

True/False

In a bill of materials, each component is comprised of one or more parent items.

---

Definitions:

Opportunity for Inspection

A provision allowing a buyer to examine goods before purchase to ensure they meet the agreed standards and specifications.

Substantial-Impairment Requirement

This refers to a legal standard requiring a significant or meaningful reduction in the ability to perform or enjoy a right, service, or facility.

Trivial Defects

Minor imperfections or flaws that do not significantly affect the usability or function of an item or property.

Perfect Tender Rule

A principle under the Uniform Commercial Code permitting a buyer to reject goods if they or their delivery fail to conform exactly to the contract, with certain exceptions.