What type of contractual clause in a sales contract with a buyer provides a provision such that the seller is obligated to extend the same price terms to the buyer that it extends to other customers?
A)Indemnification clause
B)Most favored customer clause (MFCC)
C)Escape clause
D)Money back guarantee
E)Meet the competition clause (MCC)

Question

Quizplus · Accepted Answer

A most favored customer clause (MFCC) provides a provision that requires a seller to extend the same price terms to the buyer that it extends to other customers. This clause ensures that the buyer gets the same treatment and price as the seller's other customers.

What Type of Contractual Clause in a Sales Contract with a Buyer