Suppose that Dr. Reilly owns a medical clinic and enters into a contract to buy some tablets of Gensol from Pharzime. Since Dr. Reilly does not know how many tablets he will need, that contract states that Pharzime will supply the clinic with "as many tablets as it needs." Which of the following is true about the contract?
A. This is a requirements contract. B. This is an output contract. C. This contract would be void since it does not have a specific quantity term. D. Both b. and c.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose that Dr. Reilly owns a medical clinic and enters into a contract to buy some tablets of Gensol from Pharzime. Since Dr. Reilly does ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is the impact on the total asset turnover ratio if sales increase significantly while there is no change in any of the other variables?
Answers (1)
At the beginning of the year, manufacturing overhead for the year was estimated to be $285,690. At the end of the year, actual direct labor-hours for the year were 30,500 hours, the actual manufacturing overhead for the year was $373,620, and
Answers (1)
Tony charges $5 to park a car in his parking lot. He pays $40 per day to rent the lot. If 50 cars park in his lot during the day, how much does he earn after expenses?
Answers (1)
To evaluate solutions, you must usually
Answers (1)
A retriever would most likely be used for what type of hunting?
Answers (1)
New Questions in Business
Advertising should focus on benefits more than features. What are benefits? A. Ways a product will improve a customer's life by solving problems or making the customer feel good B. The notable qualities or characteristics of a product C.
Answers (1)
On January 1, Read, a nongovernmental not-for-profit organization, received $20,000 and an unconditional pledge of $20,000 for each of the next 4 calendar years to be paid on the first day of each year.
Answers (2)
Consumer products such as furniture and appliances are typically distributed using what kind of distribution
Answers (1)
The competitive firm's short-run supply curve is its A. marginal cost curve. B. marginal cost curve, but only the portion above the minimum of average total cost. C.
Answers (1)
When consumers buy a product what are they creating
Answers (1)