An Agreement by Both Sides to Terminate the Contract or to Disregard

question 27

Short Answer

An agreement by both sides to terminate the contract or to disregard a term of the contract is known as ________.

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Definitions:

Purchaser-supplier Satisfaction Matrix

A tool used to assess and optimize the relationship and satisfaction levels between buyers and suppliers.

Desirable Region

A geographical area that offers attractive opportunities for living, working, or investing due to various favorable factors.

Rapid Adjustments

Quick changes or modifications made in response to internal or external factors impacting an organization or system.

Purchasing-supplier Satisfaction Model

A framework for evaluating the relationship and satisfaction levels between buyers and suppliers in procurement.