A requirements contract is a contract: a. in which the buyer purchases all of the goods that the seller produces. b. in restraint of trade. c. in which a party must buy a product it does not want in order to be allowed to buy a product it requires. d. in which the seller provides all of the goods that the buyer needs.

QUESTION POSTED AT 29/05/2020 - 12:23 AM

Answered by admin AT 29/05/2020 - 12:23 AM

D. In a requirements contract, a buyer enters into a contract with a seller in which the seller provides all the product the buyer requires, and the buyer is forbidden from purchasing this product from a different seller.
Post your answer

Related questions