Author Question: When a seller agrees to supply all of the goods needed by a buyer, it is called a requirements ... (Read 117 times)

arivle123 · **on:** Jun 24, 2018

When a seller agrees to supply all of the goods needed by a buyer, it is called a requirements contract.
a. True
b. False
Indicate whether the statement is true or false

Question 2

You pay 200 for the right to be the only buyer a seller will deal with for ten days for a piece of property that is for sale for 250,000 . This is:
a. called a terminable contract b. called an option contract
c. called a revocable contract
d. not a contract because the consideration is not relevant to the value of the property e. none of the other choices