An "arm's length" customer-supplier relationship is one where there is no element of the relationship which distorts the market price for a transaction.

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An "arm's length" customer-supplier relationship is indeed one where there is no element of the relationship which distorts the market price for a transaction. This typically implies that the transaction occurs between two unrelated and independent parties who are not subject to any conflict of interest or undue influence.

An "Arm's Length" Customer-Supplier Relationship Is One Where There Is