When a Contract Is Silent About the Time for Performance

question 20

Multiple Choice

When a contract is silent about the time for performance:

• A)the UCC takes the same position as the common law.
• B)performance must be tendered within what the buyer considers to be a reasonable time.
• C)payment for the goods is due at the time and place which the seller accepts.
• D)the contract can be terminated by either party without giving any notice.

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Definitions:

Self-determination Theory

A theory of motivation that emphasizes the role of autonomy, competence, and relatedness in fostering motivation and psychological growth.

Loss of Interest

A reduction in enthusiasm or desire for previously enjoyed activities, often a symptom of depression.

Competition

A situation in which individuals or groups strive against one another to achieve a goal that cannot be shared.

Pleasure

A feeling of happiness, enjoyment, or satisfaction derived from an experience.