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Which of the following statements is true? a. In contract buying, price and delivery are negotiated each time an order is released. b. Contract buying

Which of the following statements is true?

a. In contract buying, price and delivery are negotiated each time an order is released.

b. Contract buying assures suppliers that they have a given amount of business and commits them to allocating that amount of their capacity to the customer.

c. Contract buying is useful for short-term purchases.

d. EDI does not eliminate much of the paperwork associated with buying.

e. None of the above is true.

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