What is a master agreement intended to do?
A) Describe the parameters of a dealing relationship
B) Set out the rights and obligations of two parties
C) Apply to all transactions between two parties
D) All of the above

Question

Quizplus · Accepted Answer

A master agreement is designed to describe the parameters of a dealing relationship and set out the rights and obligations of two parties. It is a comprehensive contract that applies to all transactions between the parties, providing a framework for future dealings.

What Is a Master Agreement Intended to Do