Asked by Sylvanna Riazzo on Jul 19, 2024
Verified
Ryan enters into a contract with Dave,the neighborhood grocer,to supply fresh vegetables daily.After four months,the grocery store expands its business considerably and attracts customers from the neighboring areas as well.As a result,Dave demands that Ryan triple his supply as he cannot keep up with the demand.Which of the following will apply in determining the amount that can be supplied in such circumstances?
A) Rule of reasonable price
B) Rule of requirements
C) Rule of needs
D) Rule of good faith
Rule Of Requirements
A principle in contract law that dictates a seller must supply only the quantity of goods that a buyer requires, no less and no more.
Triple
Multiplication by three or having three parts; in some contexts, it may refer to a rating, niveau, or layer that is three times stronger, higher, or more intense.
Supply
The total amount of a product or service available for purchase at any given time.
- Examine the consequences of output and needs agreements on the volume of goods that must be supplied.
Verified Answer
Learning Objectives
- Examine the consequences of output and needs agreements on the volume of goods that must be supplied.
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