UCC Section 2-204 Provides Three Important Rules That Enable Parties

question 44

Multiple Choice

UCC Section 2-204 provides three important rules that enable parties to make a contract quickly and informally.These include all but which of the following?

• A) The parties may make a contract in any manner sufficient to show that they reached an agreement.
• B) A writing sufficient under the statute of frauds may be a simple memo, a letter, or informal note, but need not itself be a contract.
• C) The UCC will enforce a deal even though it is difficult to say exactly when it was formed.
• D) A court may enforce a bargain even though one or more terms were left open.

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Definitions:

Turnover

The rate at which employees leave a company and are replaced by new hires over a particular period.

Human Resources Information Systems

Integrated systems used to gather, store, and analyze information regarding an organization’s human resources.

Career Paths

Lines of advancement in an occupational field within an organization.

Job Requirements

The specific qualifications, skills, and experiences required to be eligible for a particular job position.