Multiple Choice
Which of the following statements describes a requirements contract?
A) The seller guarantees to sell 100% of its production to one buyer.
B) The buyer agrees to buy 100% of the seller's production.
C) The buyer agrees to purchase 100% of her goods from one seller.
D) It is usually not valid due to lack of consideration.
Correct Answer:
Verified
Correct Answer:
Verified
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