Trek Orders a Seat or Saddle for One of Its

question 58

Multiple Choice

Trek orders a seat or saddle for one of its models that has a "little bit" of different material for the cover but the components are the same as existing saddles used on other bikes,this purchase situation is known as __________.

• A) new buy.
• B) straight rebuy.
• C) standard reorder.
• D) modified rebuy.
• E) make-buy.

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Definitions:

Perfect Tender Rule

A legal principle requiring sellers to deliver goods to buyers exactly as specified in their contract, with no deviations.

Course of Performance

A legal concept referring to the conduct between parties in the execution of a contract, helping to interpret or modify the contract's terms.

Late Delivery

The failure to transport or send goods to the designated recipient within the agreed timeframe.

Right to Cure

The right to cure grants a party who has violated a contract a designated timeframe to correct the violation before the opposing party is entitled to seek legal actions.