Section 2-306(1) of the UCC States That _____

question 17

Multiple Choice

Section 2-306(1) of the UCC states that _____.

• A) if parties intend to enter into a binding agreement, that agreement would be valid in law, despite missing terms, if there is any reasonably certain basis for granting a remedy.
• B) even though one or more terms are left open, a contract for sale does not fail for indefiniteness if the parties have intended to make a contract and there is a reasonably certain basis for giving an appropriate remedy.
• C) a party which agrees to purchase the seller's entire output of goods cannot offer a quantity that is unreasonably disproportionate to a stated estimate.
• D) under proper circumstances, an advertised statement can be constructed as an offer.
• E) the critical question is what the parties said or did, not what they thought they said or did, or not what impression they thought they were making.

---

Definitions:

IPPS

An acronym typically standing for 'Inpatient Prospective Payment System', a method used by Medicare to pay for hospital stays.

Co-Morbidity

A separate condition or illness present in the same patient at the same time as another unrelated condition or illness.

Co-Morbidity

The simultaneous presence of two or more diseases or medical conditions in a patient.

Major Complication or Co-Morbidity

A significant secondary condition that can occur along with the primary disease, affecting the patient's recovery or treatment.