requirements of the business
- requirements of the business
-
As a designation of quantity of goods purchased:-the quantity which is actually needed in the buyer's business as distinguished from the quantity ordered or desired by the buyer, provided there is good faith and no fraud. 46 Am J1st Sales § 158.
Under an agreement to fill the buyer's requirements, the obligations of the parties are governed by the needs of the business even though those needs increase or decrease because of varying conditions to which the business is ordinarily subject, for such conditions may be said to be within the contemplation of the parties. Loudenback Fertilizer Co. v Tennessee Phosphate Co. (CA6 Tenn) 121 F 298.
Ballentine's law dictionary.
Anderson, W.S..
1998.
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