Seasonal Selections,Inc.enters into a contract with Arthur's Tree Farm to purchase all of the balsam fir tree boughs that it will need to make Christmas wreaths for the Christmas season.This contract is:

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This is a requirements contract, where Seasonal Selections, Inc. has agreed to purchase all the balsam fir tree boughs it needs from Arthur's Tree Farm. The quantity of boughs needed is based on the requirements of Seasonal Selections, Inc. for making Christmas wreaths.