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Which of the Following Is True of Output Contracts

Question 27

Multiple Choice

Which of the following is true of output contracts?


A) It cannot contain the best-efforts clause.
B) It provides the seller with reduced selling costs.
C) It assures the purchaser that the seller will use his or her best efforts to achieve the contract's objective.
D) It assures the seller of a purchaser for all its outputs.

Correct Answer:

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