Which of the Following Statements About Output Contracts Is False

question 33

Multiple Choice

Which of the following statements about output contracts is false?

• A)Output contracts are generally illusory because they fail to specify a quantity of goods to be produced or purchased.
• B)A party's quantity needs must be made in good faith.
• C)A party's quantity needs cannot be unreasonably disproportionate to any normal prior output.
• D)A party may not use an output contract to exploit the other party.

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Definitions:

Hippocampus

A major component of the brain of humans and other vertebrates, playing critical roles in the consolidation of information from short-term memory to long-term memory and in spatial memory that enables navigation.

Long-term Memory

The component of the memory system capable of storing vast amounts of information for periods ranging from minutes to a lifetime.

Sensory Memory

The shortest-term element of memory, which acts as a buffer for stimuli received through the senses and lasts for a very short time.

Unprocessed Stimulation

Information or sensory input that has been received by the brain but has not yet been analyzed, integrated, or responded to consciously.