Legal Question in Business Law in Pennsylvania
Seller Promise
When a seller promises a buyer to sell to them all of an item that it produces, this results in what?
Asked on 4/11/05, 3:54 pm
1 Answer from Attorneys
Mark Johns
Mark Johns, Esquire
Re: Seller Promise
This would result in an outputs contract. These contracts are enforceable. The Uniform Commercial code governs the sale of "goods" and therefor would be the governing law.
Answered on 4/11/05, 4:34 pm