Karen Has Agreed to Buy Sara's Car, but the Two

question 63

Multiple Choice

Karen has agreed to buy Sara's car, but the two have not agreed on the price. When there is no agreement as to price in a contract for a sale of goods, what effect does it have on the contract?

• A) The price is whatever the seller decides.
• B) The price is a reasonable price at the time of making the contract.
• C) The price is a reasonable price at the time of delivery.
• D) There is no contract, because the agreement is not definite and certain enough.

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Definitions:

Relevant

Being closely connected or appropriate to the matter at hand.

Useful

Having a beneficial use or being able to serve a purpose effectively.

Reward Power

Power based on an agent’s ability to control rewards that a target wants.

Behavior

The manner in which an individual behaves or interacts with others.