Which of the Following Statements Is True of Definiteness of Offers

question 12

Multiple Choice

Which of the following statements is true of definiteness of offers?

• A) The more specific a proposal, the less likely the court is to call it an offer.
• B) The courts have traditionally said they are contract makers, not enforcers.
• C) Both the Code and the Restatement, through doctrines such as good faith and commercial reasonableness, provide ways to fill in the gaps.
• D) A sales contract fails due to "indefiniteness" if the court finds that the parties intended to make a contract and that their agreement is complete enough to allow the court to reach a fair settlement of their dispute.

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Definitions:

High Cholesterol

A condition characterized by elevated levels of cholesterol in the blood, which can increase the risk of heart disease.

Demand Shift

A change in the quantity of a product or service that consumers are willing and able to buy, due to factors such as price, consumer preferences, or income changes.

Equilibrium Price

the price at which the quantity of goods supplied equals the quantity of goods demanded, reaching a state of market balance.

Demand Increase

A situation where the desire and willingness to purchase a good or service grows, often resulting in higher prices.