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Requirements Contract
A contract in which one party agrees to purchase all of its required goods or services from the other party.
Exclusive Dealing Contracts
Agreements where a retailer or distributor is obligated to buy from only the contracted supplier, thereby limiting the retailer's ability to purchase from other vendors.
Sufficient Consideration
A vital element in contract law, referring to something of value exchanged between parties that is necessary to form a legally binding agreement.
UCC
Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.
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