Examlex
Divide:
Output Contract
An agreement in which a seller agrees to sell all the production to a particular buyer, who agrees to purchase it.
Requirements Contract
A contract in which one party agrees to supply as much of a good or service as the other party needs during a specified period.
Bilateral Contract
A type of contract involving two parties where each party has made a promise to the other.
Promise
An assurance given by one party to another, agreeing to do or not do something specified in the future.
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