Multiple Choice
A contract has an open price term if the agreement:
A) says nothing as to price.
B) provides that the parties shall agree later as to the price and they fail to so agree.
C) fixes the price in terms of some agreed market or other standard, as set by a third person or agency, and the price is not so set.
D) All of these.
E) None of these.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: In the case of Pittsley v. Houser,
Q3: List four areas of contract law where
Q4: A lease is the transfer of title
Q5: Explain when a writing is required under
Q6: The UCC modifies the common law rule
Q7: The definition of "goods" in the UCC
Q8: Edie telephoned the office supply store and
Q9: A(n) _ is a special type of
Q10: Mary and Remaldi Co. have dealt with
Q11: Which of the following transactions is governed