Which of the following characterizes an output contract?
A)The buyer must accept whatever amount the seller produces,no matter how large.
B)The buyer must accept a reasonable amount from the seller,but no more.
C)The buyer must accept any amount that is reasonably proportionate to any stated estimate in the contract.
D)The buyer must accept a conscionable amount from the seller,but no more.

Question

Quizplus · Accepted Answer

In an "output" contract,one party is bound to sell its entire output of particular goods and the other party is bound to buy that output.However,the quantity cannot be demanded or taken that is unreasonably disproportionate to any stated estimate in the contract.

Which of the Following Characterizes an Output Contract