Output Contract

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In the law of sales, an agreement in which one party assents to sell his or her total production to another party, who agrees to purchase it.

This type of contract does not entail an illusory promise, a purported agreement that actually means nothing because it leaves to one party the choice of performance or nonperformance, even if the quantity of goods that are the subject of the contract is indefinite. It is also known as an entire output contract, and it is subject to the Uniform Commercial Code, a body of law adopted by the states that governs commercial transactions.

Cross-references

Requirements Contract.

output contract n. an agreement in which a producer agrees to sell its entire production to the buyer, who in turn agrees to purchase the entire output, whatever that is. Example: an almond grower has a "home" for his output, and the packer of nuts is happy to have a sure-fire supply, even though it may have to store away a glut.

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output Requirements Contract			US Session Key Developements Banks Rally on JPMorgan Earnings Optimism Consumer Prices Slump for First Time Since 1955 Industrial Output Contracts More Than Expected Stocks Finish Up on Rocky Day Prior to Bank Earnings U. Stocks Finish Up on Rocky Day Prior to Bank Earnings by Mena Report The relevant transitional periods that correspond to the available data can be divided into the communal system (1976-1980), used as a base comparison throughout, and two principal market reform periods designated by: (a) output contracts (1981-1987) and (b) trade liberalisation (1988-1994). Market reform, incentives and economic development in Vietnamese rice ... by Che, Tuong Nhu; Kompas, Tom; Vousden, Neil / Comparative Economic Studies Certain parts of the Proposed PAB Regulations were not finalized, including those for output contracts (e. Overview of final private activity bond tax regulations by John, Cross / Government Finance Review			outlawry outlay outlet outline outline on the law outlined outlined before hand outlined beforehand outlive outlook outlying area outlying borders outlying districts outmaneuver outmatch outmode outmoded outmost outnumber outplay outpoint outpost outpour outpouring output Output Contract outrage outraged outrageous outrageous act outrageousness outrange outrank outre outreach Outriders outright outrival outrivalry outrun outset outshine outside outside surface outside the law outside the question outsider outskirt outskirts outsourcing outspoken			Outprize OUTPROC output output output output output Output Acknowledge output amplifier Output and Performance Measure output area Output Area Classification User Group Output Backoff Output between Regeneration output block output bound Output Buffer Logic output bus driver output capacitance Output Capacitor-Less Output Character Output Check Output Circuit Voltage output class Output Common Mode Rejection Ratio Output compare Output Compare 5 Output Compare Interrupt B Output Contract Output Control Command Queue Output coupler Output Data Output Data Output Data Acknowledge Output Data Line Output Data Rate Output Data Request Output Data Set Output Delivery System output device output device output device Output Device Emulation Protection Output devices Output devices Output devices Output Distribution Network Output Efficiency at 20 minutes Output Enable Output Energized Output Euclidean Distance Enumerator output exposure rate output exposure rate output exposure rate output exposure rate output exposure rate Output feedback Output Feedback Mode Output Field Separator

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