There Can Be No Contract Where

question 7

Multiple Choice

There can be no contract where:

• A) The contract states that the prices and the dates of payment are to be agreed upon from time to time by the parties.
• B) The contract makes no mention of the price or date of payment.
• C) The contract specifies that the buyer is to fix the price at a future date.
• D) The contract states that the price is to be agreed by two valuers, nominated by the parties, and in default of such agreement, by an umpire appointed by the valuers.

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