A/An _____ clause assumes the contract will be renewed every year unless the supplier is otherwise notified that this is not the case.
A) evergreen
B) due diligence
C) penalty
D) escape
E) None of the above.

Question

Quizplus · Accepted Answer

This is an example of an evergreen clause, which automatically renews a contract unless a party gives notice that they wish to terminate or not renew the contract.

A/An _____ Clause Assumes the Contract Will Be Renewed Every