Solved

Which of the Following Is True of a Requirements Contract

Question 11

Multiple Choice

Which of the following is true of a requirements contract under common law?


A) It is valid so long as there is a writing setting forth the terms signed by the offeror.
B) It is valid so long as there is a writing setting forth the terms signed by the offeree.
C) It is valid so long as there is a writing setting forth the terms signed by the offeror and the offeree.
D) It is valid so long as more than nominal consideration is provided.
E) It is not valid because of the lack of consideration.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions