Is A Contract That Does Not State Any Particular Quantity Valid?

1.	Is A Contract That Does Not State Any Particular Quantity Valid?
Answer» The UNIFORM Commercial CODE (UCC) allows for the AWARD of requirements contracts, which do not state any particular quantity. However, a requirements contract is only valid if the contract is awarded in "good faith." SELLERS will normally ask for the contract to have an estimated quantity or a quantity RANGE. The Uniform Commercial Code (UCC) allows for the award of requirements contracts, which do not state any particular quantity. However, a requirements contract is only valid if the contract is awarded in "good faith." Sellers will normally ask for the contract to have an estimated quantity or a quantity range.

Answer»

The UNIFORM Commercial CODE (UCC) allows for the AWARD of requirements contracts, which do not state any particular quantity. However, a requirements contract is only valid if the contract is awarded in "good faith." SELLERS will normally ask for the contract to have an estimated quantity or a quantity RANGE.

The Uniform Commercial Code (UCC) allows for the award of requirements contracts, which do not state any particular quantity. However, a requirements contract is only valid if the contract is awarded in "good faith." Sellers will normally ask for the contract to have an estimated quantity or a quantity range.

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