Output and requirements contracts are unenforceable because the buyer or seller is not obligated to buy or sell a specific quantity.

a. true
b. false

Answer: b. false

Business

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Graham Technologies is a U.K.-based consumer electronics manufacturer

The company markets netbooks, smartphones, laptops, and desktops in the international market and each product division operates as a stand-alone profit center with substantial autonomy. This is an example of a ________. A) global matrix structure B) functional structure C) product structure D) geographic area structure

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