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Which of the Following Statements Is True Regarding Sales Contract

Question 55

Multiple Choice

Which of the following statements is true regarding sales contract terms left open under the UCC?


A) Leaving terms open makes the contract unenforceable.
B) If not stated,the price is a "reasonable" price at the time of delivery.
C) The price may be fixed by a market,a third person,or another standard,if so provided in the contract.
D) A and C only are true.
E) B and C only are true.

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