Which of the Following Is True of Open Priced Term

question 31

Multiple Choice

Which of the following is true of open priced term contracts?

• A) the contract is void due to the failure to specify a required term of the contract
• B) the price becomes the reasonable price at the time the contract was entered into
• C) the price becomes the reasonable price at the time the goods are delivered
• D) the price is determined by the court applying a reasonable price at whatever time the court deems appropriate to fairness

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Definitions:

Inclusion

Educating a child with special educational needs full-time in the regular classroom.

Disability

A condition, either physical or mental, that restricts an individual's mobility, sensory functions, or ability to engage in activities.

Regular Classroom

A traditional educational setting where students of varying abilities and backgrounds are taught together.

High Personal Standards

The setting of elevated benchmarks or expectations for oneself in various aspects of life, such as performance, behavior, or ethics.