Companies Consider Outsourcing More and More Parts When It Becomes

question 24

Multiple Choice

Companies consider outsourcing more and more parts when it becomes increasingly more difficult to:

• A)Find suppliers to do business with
• B)Reward quality suppliers
• C)Achieve further cost savings internally
• D)Monitor supplier performance

---

Definitions:

Court of Equity

A judicial body that resolves disputes based on fairness and equitable principles, rather than strictly adhering to the letter of the law.

Adequate Remedy

Refers to a form of legal relief or compensation that sufficiently addresses a harm or wrong done to a party.

International Court

A judicial body established by states to adjudicate legal disputes among nations, such as the International Court of Justice.

Equitable Maxim

A principle or proposition of law applied in the administration of equity based on fairness, moral righteousness, and justice, rather than strict rules of law.