Under the UCC,a Sales or Lease Contract Will Fail for Indefiniteness

question 18

True/False

Under the UCC,a sales or lease contract will fail for indefiniteness if one or more terms are left open.

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Definitions:

Nomadic Tribes

Describes groups of people who move from one place to another, rather than settling permanently in one location, often for reasons such as following seasonal weather patterns or searching for food resources.

Severe Drought

A prolonged period of excessively dry weather leading to a significant shortage of water.

Jamestown

The first permanent English settlement in North America, established in 1607 in present-day Virginia.

English Catholics

Members of the Catholic Church residing in England, who faced periods of persecution and discrimination, particularly after the English Reformation which established the Church of England.