Multiple Choice
Marco agrees to sell Clowns R Us some balloons.The contract states that Clowns may buy as many balloons as it wishes.This agreement is
A) a requirements contract.
B) an output contract.
C) an illusory contract.
D) an enforceable contract.
Correct Answer:
Verified
Correct Answer:
Verified
Q20: The UCC requires consideration for agreements modifying
Q21: Jamie is building a house on her
Q22: Hilda owes Lex $3,000,which is an undisputed
Q23: Regarding consideration,an act occurs when a person<br>A)complies
Q24: Police Officer Paul apprehends a wanted criminal
Q26: What two exceptions did the UCC create
Q27: An unliquidated debt can be described as<br>A)a
Q28: A forbearance is,in essence,the opposite of an
Q29: Courts distinguish between mere gifts between parties
Q30: In January,Alex promised to pay Y-K Inc.$5,000