Finance · Project Contracts
Which of the following best explains Take-or-Pay Contracts commonly used in infrastructure projects?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Contract is valid only for export transactions
- 2Payment depends entirely on prevailing market price fluctuations
- 3Buyer must pay for a minimum specified quantity regardless of actual consumption✓
- 4Buyer pays only if goods or services are delivered
Correct answer
Buyer must pay for a minimum specified quantity regardless of actual consumption
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