Asked by Elizabeth Gossum on May 12, 2024
Verified
In a(n) ________ contract,the distributor must use her best efforts to sell the goods and the manufacturer must use his best efforts to supply the goods.
A) requirements
B) output
C) implied
D) exclusive dealing
Exclusive Dealing
A contractual agreement where one party agrees to buy goods exclusively from another, often restricting competition.
Distributor
A person or company that is responsible for supplying goods to retailers or directly to customers.
Manufacturer
A person or company that makes goods for sale, especially on a large scale.
- Identify the legal requirements and significance of output and requirements contracts under the UCC.
Verified Answer
TL
Tristan LerchMay 13, 2024
Final Answer :
D
Explanation :
An exclusive dealing contract imposes a duty on the distributor to use her best efforts to sell the goods and imposes a reciprocal duty on the manufacturer to use his best efforts to supply the goods [2-306(2)].
Learning Objectives
- Identify the legal requirements and significance of output and requirements contracts under the UCC.
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