Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

requirements contrac

A contract in which a seller promises to supply all the goods or services that a buyer needs during a specific period and at a set price, and in which the buyer promises (explicitly or implicitly) to obtain those goods or services exclusively from the seller. 0 The quantity term is measured by the buyer's requirements. Cf output contract.

requirements contract

See CONTRACT.