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What Is an Output Contract

Question 32

Multiple Choice

What is an output contract?


A) A contract in which a buyer agrees to purchase all of his or her goods from one seller.
B) A contract between a manufacturer and a distributor where the distributor only buys from the manufacturer and is contractually prevented from trading with the manufacturer's competitors
C) A contract in which the seller guarantees to sell all of its output to one buyer,and the buyer agrees to accept the entire quantity.
D) A contract in which a seller agrees to sell a product or service to the buyer only on the condition that the buyer also purchases an additional product from the seller.

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