Purchase Planner Question:

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Is it proper to use term "and/or" in agreements?

Purchase Planner Interview Question
Purchase Planner Interview Question

Answer:

The term "and/or" should not be used in agreements. Ambiguity arises when this term is used because of the many possible variations this term can create. It is more exact to use the terms "and" and "or" separately. The term "and" means both, the term "or" means either.

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Annual requirements contract to deliver file cabinets each month was issued. The contract did not say anything about who bears cost of uncrating and setting up cabinets in offices. The supplier has uncrated and set up cabinets first four months of contract. Now, supplier is refusing to uncrate and set up cabinets unless he can increase his price. Can I force supplier to continue to uncrate and set up cabinets in offices at same contract price?Define life cycle costing?