Which of the Following Is True of a Requirement Contract

question 12

Multiple Choice

Which of the following is true of a requirement contract under the UCC?

• A) It is valid so long as the requirement is made in good faith.
• B) It is valid so long as there is a writing setting forth the terms signed by the offeree.
• C) It is valid so long as there is a writing setting forth the terms signed by the offeror and the offeree.
• D) It is valid so long as more than nominal consideration is provided.
• E) It is not valid because of the lack of consideration.

---

Definitions:

Cognitive Component

Part of an attitude that consists of a person's knowledge and perception of the attributes of an object or concept.

Altering

The process of making changes to something, often to tailor or modify it to fit a particular need or requirement.

Perception

The process by which individuals select, organize, and interpret sensory information to form a meaningful picture of the world.

Love/Belonging

A fundamental human need for deep interpersonal relationships and a sense of community.