A ________ establishes a long-term relationship in which the supplier promises to resupply the buyer as needed, at agreed-upon prices, over a specified period of time.
A) stockless purchase plan
B) direct stock purchase plan
C) defined contribution plan
D) stock purchase plan
E) share purchase plan

Question

Quizplus · Accepted Answer

A stockless purchase plan is where the supplier promises to resupply the buyer as needed. The other options (B-E) are all related to financial plans and investments, and not applicable to this scenario.

A ________ Establishes a Long-Term Relationship in Which the Supplier