When Parties Fail to Expressly Agree on the Terms of a Sales

question 50

Multiple Choice

When parties fail to expressly agree on the terms of a sales contract,

• A) the contract is automatically void.
• B) the contract will fail if the court finds that the parties are acting as though they have a contract and it is impossible to point to a particular moment in time when the contract was created.
• C) the contract will not be enforceable under the Uniform Commercial Code (UCC).
• D) the contract will not fail if the court finds that the parties intended to make a contract and that their agreement is complete enough to allow the court to reach a fair settlement of their dispute.

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