In a Contract for the Sale of Goods, Any Modification

question 15

True/False

In a contract for the sale of goods, any modification made by the parties to the contract must be supported by consideration to be binding.

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Definitions:

Poorly Defined

Lacking clear boundaries, descriptions, or criteria, making understanding or interpretation difficult.

Resist Change

The resistance to alter existing processes, habits, or conditions despite potential benefits or pressures.

Stability

Stability refers to the state of being resistant to change and not easily upset or disturbed, often seen as desirable in various contexts such as economy, emotions, and structures.

Change Agent

The person responsible for an organizational change effort.