When a buyer and seller agree to hold the price of a product constant over a defined period of time they have established a

Name: When a buyer and seller agree to hold the price of a product constant over a defined period of time they have established a
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Quizplus · Accepted Answer

A contract price is the agreed-upon price for goods or services that is set in a contractual agreement. This ensures that the price remains constant over the duration specified in the contract, regardless of market fluctuations.

When a Buyer and Seller Agree to Hold the Price