South Carolina Statutes
§ 36-2-306 — Output, requirements and exclusive dealings.
(1)A term which measures the quantity by the output of the seller or the requirements of the buyer means such actual output or requirements as may occur in good faith, except that no quantity unreasonably disproportionate to any stated estimate or in the absence of a stated estimate to any normal or otherwise comparable prior output or requirements may be tendered or demanded.
(2)A lawful agreement by either the seller or the buyer for exclusive dealing in the kind of goods concerned imposes unless otherwise agreed an obligation by the seller to use best efforts to supply the goods and by the buyer to use best efforts to promote their sale.
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South Carolina § 36-2-306 (Output, requirements and exclusive dealings.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 10.2-306; 1966 (54) 2716.
Nearby Sections
15
§ 36-2-101
Short title.§ 36-2-103
Definitions and index of definitions.§ 36-2-201
Formal requirements; statute of frauds.§ 36-2-203
Seals inoperative.§ 36-2-204
Formation in general.§ 36-2-205
Firm offers.§ 36-2-209
Modification, rescission and waiver.