Examlex
There is an inconsistency between using the NPV method as best for capital budgeting decisions and then using a different method to evaluate performance.
Output Contract
A legal agreement in which a buyer agrees to purchase all of a producer's production.
Entire Output
The entire output contract is a commercial agreement in which a buyer agrees to purchase all of a seller's production of a specific good or service.
Intent Of The Parties
The actual and mutual intention of all parties involved in a contract or agreement, determined from their actions and words.
Certain Terms
Specific, clearly defined provisions within a contract or agreement that detail the expectations, duties, and rights of all parties involved.
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