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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Definitions:

Cortisol

Cortisol is a steroid hormone produced by the adrenal glands, often released in response to stress and used as a marker for the body's stress response.

Affective Realms

Pertains to the domain of emotions and feelings, emphasizing how these aspects influence learning and behavior.

Cognitive Realms

Areas or aspects of mental processes and functions, including perception, memory, reasoning, and problem-solving.

Problem-Solving

Problem-solving is the process of identifying a problem, devising and implementing a solution, and evaluating the outcome to resolve an issue or challenge.