When does a buyer have the right to cancel a sales or lease contract?
What will be an ideal response?
If a seller or lessor fails to deliver conforming goods or repudiates the contract, the buyer or lessee may cancel the sales or lease contract. The buyer or lessee can also cancel a sales or lease contract if the buyer or lessee rightfully rejects the goods or justifiably revokes acceptance of the goods. The contract may be canceled with respect to the affected goods, or if there is a material breach, the whole contract may be canceled. A buyer or lessee who rightfully cancels a contract is discharged from any further obligations on the contract and retains his or her rights to other remedies against the seller or lessor.
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According to the VRIO (value, rarity, imitability, and organizational) framework, resources must be imitable to ensure entrepreneurial success
Indicate whether the statement is true or false
In the context of Mintzberg's organizational structures, which of the following statements is true of the simple structure??
A) ?It emphasizes strong centralization of decision making in the upper echelon. B) ?It has powerful technical and support staff. C) ?It has extensive vertical differentiation. D) ?It achieves coordination through the standardization of work processes.