Under UCC Article 2, When There Is a Failure to Respond

question 88

Multiple Choice

Under UCC Article 2, when there is a failure to respond to a writing signed by the other party:

• A) there may be a good contract
• B) there cannot be a good contract
• C) there cannot be a good contract, but under the common law there could be
• D) the court may require the other party to respond in writing to make the contract legal
• E) the contract will not be binding

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Definitions:

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An economic concept illustrating an inverse relationship between rates of unemployment and rates of inflation within an economy.

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The legislative branch of the United States federal government, consisting of two houses: the Senate and the House of Representatives.

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