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Prior to the enactment of the UCC, common law courts often refused to enforce both output contracts and requirements contracts because they: lacked legal value
Prior to the enactment of the UCC, common law courts often refused to enforce both output contracts and requirements contracts because they:
lacked legal value to satisfy the consideration requirement.
included only nominal consideration.
failed to specify the amount of money to be exchanged.
failed to specify the quantity of goods to be produced or purchased.
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