CERTYNEX IFRS ACADEMY

The contract of Sylcor provides that the supplier may replace the specified self-propelled truck made available to it. Which of the following statements on whether this substitution right is substantive are correct? (several answers)

The supplier must have the practical ability to substitute: Sylcor cannot prevent it.

The mere mention of the substitution right in the contract is enough to make it substantive.

Replacement trucks must be available to the supplier or obtainable within a reasonable period.

The supplier must benefit economically, on a net basis, from the substitution.

A right to replace the truck only in the event of a breakdown makes the right substantive.