An Agreement to Sell the Entire Production of a Particular

question 80

True/False

An agreement to sell the entire production of a particular plant is a requirements contract.

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Definitions:

Clickwrap Contracts

Agreements where acceptance is signaled by the user clicking an "I accept" button on a website, commonly used in software licenses and online transactions.

Shrinkwrap Contracts

Agreements whose terms are only revealed after opening the packaging of a product, often enforceable once the package is opened.

Duress

A condition where a person performs an act as a result of violence, threat, or other pressure against them, raising questions about the voluntariness of the act.

Voidable

Capable of being made void; not utterly null, but annullable, and hence that may be either voided or confirmed. See also void.