Contracts in which one party to the agreement agrees to buy all of the other party's production of a particular commodity is called a(n) :

A) requirements contract.
B) composition agreement.
C) output contract.
D) nominal consideration.

Output Contract

An agreement in which a seller agrees to sell all the production to a particular buyer, who agrees to purchase it.

Requirements Contract

A contract in which one party agrees to supply as much of a good or service as the other party needs during a specified period.