In the Absence of a Specific Contract Provision Regarding the Details

question 33

Multiple Choice

In the absence of a specific contract provision regarding the details of payment the UCC provides that:

• A) payment be made in full at the time and place that delivery occurs.
• B) payment be made in full within 10 days of the time and place that delivery occurs.
• C) payment be made in full within 20 days of the time and place that delivery occurs.
• D) payment be made in full within 30 days of the time and place that delivery occurs

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Definitions:

Retro-

A prefix meaning "backwards" or "behind," used in various contexts including medical terminology to denote location or time.

Backward

Denotes a movement or action directed towards the rear or in reverse.

Ante-

A prefix meaning before or preceding in time or order.

Before

Prior to a certain time or event.