If Parties to a Contract Involving a Sale of Goods

question 338

Multiple Choice

If parties to a contract involving a sale of goods fail to specify price, and if there is dispute, so that a court must determine the price, under the UCC the price will be:

• A) a reasonable price
• B) the price that the plaintiff specifies
• C) the price that the defendant specifies
• D) the price that a court-appointed arbitrator specifies
• E) no price; there never was a contract so the parties simply stop dealing with each other

---

Definitions:

AutoKeys

A feature or macro in software applications that automatically executes a series of commands or keystrokes, often used for repetitive tasks or to customize application behavior.

Key Combination

A specific set of keys pressed simultaneously on a keyboard to perform a certain action quickly.

Arguments

In programming and software, variables or specific data that are passed into a function or procedure to customize its operation or outcome.

Additional Information

Supplementary details or data provided to expand understanding or context beyond the primary content.