Examlex
Which of the following measures may be useful to decision makers evaluating the financial condition of a college or university?
Output Contract
An agreement in which a seller agrees to sell “all the goods we manufacture” or “all the crops we produce” to a particular buyer. See also requirements contract.
Valid Contract
A contract that is legally binding and fully enforceable by the court.
Future Goods
Goods that are not yet in existence or under the control of people; they include fish in the sea, minerals in the ground, goods not yet manufactured, and commodities futures.
Fish in the Sea
A metaphorical expression indicating that there are many options or opportunities available in a given context.
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