Toby and Roy Are Car Dealers;Toby Makes a Deal with Roy

question 58

Multiple Choice

Toby and Roy are car dealers;Toby makes a deal with Roy to sell a 1978 Buick.However,they failed to reach any agreement regarding the price of the car and decided to leave the matter to a future date to be decided once Toby delivers the car.Which of the following is true about this deal?

• A) According to the Code,a reasonable price will be put on delivery.
• B) According to the common law,this contract is definite and legal.
• C) According to the common law,Roy can sue Toby.
• D) According to the Code,it is an illegal contract due to absence of intent.

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Definitions:

Secretions

Substances produced and released by cells or glands in the body, fulfilling various functions like lubrication, digestion, and defense against pathogens.

Intestinal Tract

The continuous tube running from the stomach to the anus, part of the digestive system, responsible for nutrient absorption and waste excretion.

Synapse

The minute space between the axon of one neuron and the dendrite of another.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.