Fact Pattern 12-B1

question 30

Multiple Choice

Fact Pattern 12-B1
Sal contracts with Tasty Pizza Company to deliver its products.Both parties change their minds,however,and inform each other that they would like to cancel the contract.
-Refer to Fact Pattern 12-B1.Sal and Tasty

• A)may rescind their entire contract.
• B)may rescind their contract to the extent that it is executory.
• C)must perform their entire contract.
• D)must perform the part of their contract that is executory.

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Definitions:

Straight Rebuy

A purchasing situation in which a buyer reorders a product or service without modifications or shopping around.

Buying Center

A group within an organization responsible for evaluating and making purchasing decisions.

Straight Rebuy

A purchasing scenario in business-to-business transactions where an organization reorders a good or service without modification from the same supplier.

B2B Purchases

Transactions where one business buys goods or services from another business.