In Exclusive Dealing Contracts,the UCC Says That Sellers Have a Duty

question 35

True/False

In exclusive dealing contracts,the UCC says that sellers have a duty to use their best efforts to supply their buyers,who in turn have a duty to use their best efforts to sell the goods.

---

Definitions:

Per-worker Production Functions

The relationship between the amount of output produced per worker and the amount of inputs used per worker.

Slopes

In mathematics, it represents the steepness or incline of a line, indicating the rate at which it rises or falls.

Diminishing Marginal Returns

A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.

Per-worker Production Function

A mathematical representation of the relationship between output per worker and the amount of capital per worker, along with technology.