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The Emmett School (ESD) District Contracts with the GoldenFarms Dairy

Question 14

Multiple Choice

The Emmett School (ESD) district contracts with the GoldenFarms Dairy for "all of the milk" GoldenFarms can produce during ESD's current school year. The contract specifies a price, but no exact quantity of milk to be purchased is set in the contract. This contract is a(n) :


A) invalid contract because no quantity is set.
B) valid requirements contract.
C) valid output contract.
D) invalid contract because consideration is missing.

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