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.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: Under the UCC,if a purported acceptance to
Q51: A party that is a merchant in
Q52: Is the purpose of the UCC undermined
Q53: A general purpose of the UCC is
Q54: Under Article 2 of the UCC,acceptances are
Q56: A small consulting firm entered into a
Q57: Under the UCC,a court can find that
Q58: A party is considered a merchant if
Q59: A sporting goods dealer is a merchant
Q60: In order for title to pass from