The Safe-T Airbag Company manufactures airbags that are used in automobiles. Fly Motor Company manufactures automobiles in which it must place airbags before the automobiles can be sold. Assume that Fly Motor Company enters into a contract with Safe-T Airbag Company in which it agrees to purchase all of the airbags it will need from Safe-T. Safe-T may sell airbags to other purchasers, however. This is an example of which of the following types of contracts?1. Requirements contract2. Output contract3. Accord4. Illegal consideration
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The Safe-T Airbag Company manufactures airbags that are used in automobiles. Fly Motor Company manufactures automobiles in which it must ...” 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
Will today's second generation of immigrants move up the occupational ladder?
Answers (1)
Bev is opening her own court-reporting business. She financed the business by withdrawing money from her personal savings account. When she closed the account, the bank representative mentioned that she would have earned $300 in interest next year.
Answers (1)
Vasudevan Inc. recently reported operating income of $2.75 million, depreciation of $1.20 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working capital totaled $0.6 million.
Answers (1)
Suppose you have just 30/60/40 liability insurance. You hit another motorist (and are at fault because you were texting) and cause $60,000 worth of damage to his 1986 Mustang. Four people were in the car. Their medical bills totaled $102,000.
Answers (1)
1) Janis Company signed a lease for a rental unit for 15 years. Under the lease agreement, a deposit of $6,000 is made. The deposit will be returned at the expiration of the lease with interest compounded at 4% per year.
Answers (1)
New Questions in Business
If a firm promises more than it can deliver, a. it has created an empowerment gap. b. consumers will have a knowledge gap. c. it creates a communication gap. d. it needs to enact a voice-of-customer program. e. perishability becomes a problem.
Answers (1)
Wholesale companies need a location that attracts a lot of retail traffic. a. True b. False
Answers (1)
Excelor stock is expected to pay $3.00 per share as its next annual dividend. The firm has a policy of increasing the dividend by 11.0 percent annually. The stock has a market price of $13.65 and a beta of 2.8. The market risk premium is 8.
Answers (1)
Recommendations for a successful pitch include all of these except: a. stand behind a podium b. maintain eye contact c. use colorful visual aids d. do a live demonstration of the product or service e.
Answers (1)
Suppose the U. S. Treasury issued $50 billion of short-term securities and sold them to the public. Other things held constant, what would be the most likely effect on short-term securities' prices and interest rates? A.
Answers (1)