A(n) ________ is a contract in which a buyer agrees to purchase all of its requirements for an item from one seller.

Name: A(n) ________ is a contract in which a buyer agrees to purchase all of its requirements for an item from one seller.
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A requirements contract is a contract in which a buyer agrees to purchase all of its requirements for an item from one seller. This type of contract helps to ensure a steady level of business for the seller and a guaranteed source of supply for the buyer.

A(n) ________ Is a Contract in Which a Buyer Agrees