Requirements contracts are common in the business world and normally are enforceable.

Question

Quizplus · Accepted Answer

Requirements contracts are enforceable as long as they meet certain criteria, such as being definite and certain in their terms, not being unconscionable, and not violating public policy. However, it is important for businesses to carefully draft and review requirements contracts to ensure that they comply with legal requirements and accurately reflect the parties' intentions.

Requirements Contracts Are Common in the Business World and Normally