In an Agreement Between Two Parties, If the Facts Indicate

question 12

Multiple Choice

In an agreement between two parties, if the facts indicate that a term was left out because the parties were unable to reach an agreement about it, it would probably mean that the:

• A) CISG must fill in the gaps only if the price terms are left in the agreement.
• B) parties intended to contract and CISG must fill in any gaps left in the agreement.
• C) UCC must fill in any gaps left in the agreement.
• D) intent to contract is absent, and no contract was created.

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Definitions:

Low-Readiness

Describes a situation or condition in which individuals or groups are not adequately prepared or equipped to undertake certain tasks or responsibilities.

Leadership Model

A framework or theory that describes how leadership is exercised, including the behaviors, traits, and styles effective leaders adopt.

Leader-Member Relations

The dynamics and quality of the interaction and communication between a leader and their team members.

Fiedler's Contingency Model

A leadership theory proposing that a leader's effectiveness is contingent on the compatibility between the leader's style of leadership and the demands of the situation.