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Agreement with customer for negotiated prices,payment terms,freight terms is called as

  1. Pricing Agreements

  2. Sales agreement

  3. Blanket Agreement

  4. Payment Agreement

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A Correct answer
Explanation

Pricing Agreements are negotiated contracts with customers that specify pricing terms, payment conditions, and freight terms. These agreements capture the commercial understanding between seller and customer, unlike generic sales agreements or payment-only agreements.

AI explanation

The correct answer is Pricing Agreements. In Oracle Order Management, a Pricing Agreement is a formal contract with a customer that locks in negotiated prices, payment terms, and freight terms for a defined period, so orders referencing it automatically pull those agreed terms. A Sales Agreement is a broader commitment (often to purchase a quantity/value over time) but isn't specifically the pricing/terms lock-in construct described. A Blanket Agreement is a procurement-side (purchasing) construct for release against a long-term PO, not a customer pricing document. A Payment Agreement narrows scope to only payment terms, missing the pricing and freight elements explicitly mentioned in the question.