The Seller's Price to the Buyer Is Not Fixed or Determinable

question 67

Multiple Choice

The seller's price to the buyer is not fixed or determinable when:

• A) When the price is not contingent on some future events
• B) The transaction includes an option to exchange the product for others.
• C) A service or membership fee is not subject predictable cancellation during the contract period.
• D) Payment terms are not extended for a substantial period.

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Definitions:

Employer

An individual or organization that hires people to work for them in exchange for wages or salary.

Employee

An individual who is hired to perform work or services for another entity (the employer) under agreed conditions in exchange for compensation.

Wrongful Dismissal Action

A legal action taken by an employee against an employer for termination of employment without proper legal reason or notice.

Remedies

Legal means for a party to enforce a right or compensate for the violation of a right in court, including monetary damages and equitable relief.