Rikki and Sid Enter into a Sales Contract

question 7

Multiple Choice

Rikki and Sid enter into a sales contract. With respect to the specific contractual provisions set out in the UCC, Rikki and Sid may

• A) agree to different terms only to a reasonable extent.
• B) agree to different terms unless they "get caught."
• C) agree to whatever terms they wish.
• D) not agree to different terms.

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Definitions:

Distributor

A type of reseller or marketing intermediary that resells manufactured products without significantly altering their form. Distributors often buy from manufacturers and sell to other businesses like retailers in a B2B transaction.

Supermarkets

Large retail stores offering a wide variety of food and household products, organized into aisles.

Straight Rebuy Order

A routine purchase transaction in which a business reorders a product without any modifications to the specifications or terms.

Wholesaler

Firm engaged in buying, taking title to, often storing, and physically handling goods in large quantities, then reselling the goods (usually in smaller quantities) to retailers or industrial or business users.