Which of the following situations would most likely involve negotiated contract buying?

Multiple Choice

when the buyer is unaware that a problem exists and needs to be fixed

when the buyer wants to lock in a low price for the term of the contract

when the buyer knows approximately what they want, but lacks certain details

when the buyer plans on making a single, simple purchase from a seller

when the seller wants to receive the same price, even if competition lowers the market price for its goods