According to Exhibit 21-5 in the Text, If Quantity Is

question 17

Multiple Choice

According to Exhibit 21-5 in the text, if quantity is left open in a contract for the sale of goods under the UCC, how will a court most likely interpret this provision?

• A) A "reasonable" quantity is supplied at the time of delivery.
• B) A "reasonable" quantity is supplied at the time of trial.
• C) The court will look to the specific industry standards in the UCC.
• D) The court generally has no basis for determining a remedy.
• E) The court will decide the quantity.

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Definitions:

Product Characteristics

Denotes the specific features, properties, and attributes that define a product and differentiate it from others in the market.

Logistics Costs

Expenses associated with the planning, implementing, and controlling of the efficient movement and storage of goods, services, and related information.

Fixed Spatial Points

Specific geographic locations that do not change over time, such as cities, buildings, or other landmarks.

Nodes

Points in a network where lines or pathways intersect or branch, commonly used in logistics and transportation planning.