If Parties to a Contract Do Not Specify When Payment

question 67

Multiple Choice

If parties to a contract do not specify when payment should be made.Under the UCC,payment must be made:

• A) within 90 days.
• B) within 60 days.
• C) within 30 days.
• D) within a reasonable time.
• E) at the time and place of deliver of the goods or title.

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Definitions:

Nuclear Reactors

Devices used to initiate and control a sustained nuclear chain reaction, primarily for the generation of electricity or for the production of nuclear materials for medical or military use.

Coal Reserves

Quantities of discoverable coal resources that can be economically and legally extracted at current prices.

Reactor Core Meltdown

A severe nuclear reactor accident characterized by the melting of the core components, leading to potential radiation release.

Fossil Fuels

Natural fuels such as coal, oil, and natural gas, formed from the fossilized remains of ancient plants and animals.