A "Tying Arrangement" Is Any Advance Agreement to Commit to Purchasing

question 64

True/False

A "tying arrangement" is any advance agreement to commit to purchasing a fixed quantity of goods.

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Definitions:

Illegal Clause

A provision in a contract that is prohibited by law and therefore unenforceable.

Sever

To cut off or divide property interests or legal relationships.

Enforce

means to compel observance of or compliance with a law, rule, or obligation.

Statutorily Barred

A legal limitation preventing certain actions, typically due to the passage of time according to statutory law.