Fast Food Corporation and Giant Potatoes, Inc., enter into a contract for Giant's sale to Fast of all of the potatoes that Fast needs. The amount of potatoes that Giant must supply is
A. all of Fast's requirements that may occur in good faith.
B. all of Giant's output that is not commercially impracticable.
C. the greatest quantity that is not unconscionable.
D. the greatest quantity that makes the contract a "square deal."
Answer: A
You might also like to view...
Which of the following statements about risk is true?
A. The higher the risk, the higher the expected return. B. The higher the risk, the lower the return. C. The lower the risk, the greater the maturity value of the investment. D. The higher the risk, the lower the maturity value of the investment. E. The higher the risk, the lower the risk-free rate.
Which habit is based on the premise that “all things are created twice?”
A. be proactive B. begin with the end in mind C. put first things first D. think win-win
Under absorption costing:
a. fixed overhead is not assigned to product cost. b. fixed overhead is not expensed until the product is sold. c. variable overhead is not assigned to product cost. d. variable overhead has to be actual overhead. e. None of the answers are correct.
A value-based pricing strategy most likely begins with ________.
A) assessing customer needs B) designing a stylish product C) evaluating the product's costs D) promoting the product's benefits E) setting a price based on perceived value