Negotiated contract buying
a) Allows sellers to reduce product prices but not increase them
b) Requires the terms of a contract to be fixed, regardless of volatile business conditions
c) Occurs when buyers and sellers are inflexible about the specifications in the contract
d) Gives buyers, but not sellers, the power to change the terms of the contract
e) Allows for changes in purchase arrangements
Answer: e) Allows for changes in purchase agreements