A Contract That Allows the Buyer to Modify the Order

question 41

Multiple Choice

A contract that allows the buyer to modify the order (within limits agreed to by the supplier) as demand visibility increases closer to the point of sale is a

• A)buyback or returns contract.
• B)revenue-sharing contract.
• C)quantity flexibility contract.
• D)quantity discount contract.

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Definitions:

Simplify

The process of altering an expression to make it easier to understand or work with, often by combining like terms or eliminating complex fractions.

Expression

An expression in mathematics is a combination of symbols, numbers, and/or variables that represents a quantity or a relationship but does not include an equality or inequality symbol.

Rules Of Exponents

Mathematical rules that govern the operations on numbers with exponents, such as multiplication and division of powers.

Expression

A mathematical phrase that can contain numbers, variables, and operation symbols but not an equality sign.