Escalators present in a contract must state: a. at what interval ...

[Lobcity]

Escalators present in a contract must state:
 a. at what interval the contract price should automatically change at a fixed rate.
  b. when the price will change and by what formula the new price will be calculated.
  c. when the contract should be terminated and how the cost of termination should be shared.
  d. when the contract should be renewed and the terms governing the renewal.

Question 2

A brand name is a type of
 A) cost saving.
  B) buyback contract.
  C) monopoly power.
  D) entry requirement for a competitive market.

[T4T]

Answer to Question 1

B

Answer to Question 2

C

[Lobcity]

TYSM

[xthemafja]

Thanks for the timely response, appreciate it