Which of the following is true for a buyer with an output contract?
A)The buyer cannot sue the seller in case the seller plans to share its output with another buyer.
B)The buyer can choose to buy when and what he wants from the seller.
C)The buyer is obliged to buy all the goods sold from the seller.
D)The buyer cannot enforce the best-efforts clause in the output contract.

Question

Quizplus · Accepted Answer

With an output contract, the buyer is obliged to buy all the goods sold from the seller. This means that the buyer is committed to purchasing whatever output the seller produces, even if it is more than the buyer's actual needs. The other options are not necessarily true for a buyer with an output contract.

Which of the Following Is True for a Buyer with an Output