Suppose that Dr. Reilly owns a medical clinic and he enters into a contract to buy some tablets of Gensol from Pharzime. Since Dr. Reilly does not know how many tablets he will need, that contract states that Pharzime will supply the clinic with "as many tablets as they need." Decide.
A. This is a requirements contract.
B. This is an output contract.
C. This contract would be void since it does not have a specific quantity term.
D. Both b. and c.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose that Dr. Reilly owns a medical clinic and he enters into a contract to buy some tablets of Gensol from Pharzime. Since Dr. Reilly ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Your job objective should be vague so that it can be reused when applying for different jobs. 1. True 2. False
Answers (1)
Rene contracts with Scot to pay him $5,000 for repairs to Rene's lake cabin. After Scot performs, Rene tells him that she cannot pay him in full immediately. They sign an agreement in which Rene promises to pay $2,500 now instead of $5,000 later.
Answers (2)
Spencer Company consigned 88 freezers, costing $490 each, to Remmers Company. The cost of shipping the freezers amounted to $890 and was paid by Spencer Company.
Answers (1)
Cobe Company has already manufactured 17,000 units of Product A at a cost of $25 per unit. The 17,000 units can be sold at this stage for $450,000.
Answers (1)
The July contribution format income statement of Doxtater Corporation appears below: I Sales $ 564,400 Variable expenses 312,800 Contribution margin 251,600 Fixed expenses 193,800 Net operating income $ 57,800 If the company's sales increase by 19%,
Answers (1)
New Questions in Business
Culture is important in communication because a competent speaker ... A. tries to be sensitive to all cultures represented B. is knowledgeable about every culture C. avoids cultural topics D. defends his/her own culture
Answers (1)
Bancroft & Morrison Inc., as an organization, believes that it should always be prepared for the future.
Answers (1)
In Year 1, Costello Company performed work for a customer and billed the customer $14,000. In Year 2, the customer pays Costello Company for the services it rendered in Year 1.
Answers (1)
What is the difference between a business model and an ebusiness model? Multiple Choice An ebusiness model details how a company creates, delivers, and generates revenue;
Answers (1)
How accurately do gdp statistics portray the economy and why?
Answers (1)