In Dansway International Transport Ltd

question 45

Multiple Choice

In Dansway International Transport Ltd. v. Lesway and Sons Inc., a disagreement arose as to the time for payment and delivery, neither of which were stipulated in the contract. What did the Court do?

• A) The Court implied the required terms into the agreement.
• B) Because issues surrounding the time of payment were in question, the agreement failed for a lack of consideration.
• C) The Court ordered rescission because the actual intention of the parties as to these terms was unclear.
• D) Because even insignificant terms must be specified, the agreement was found to be void for a lack of consensus.
• E) The Court severed the provisions in the agreement relating to payment and delivery.

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Definitions:

Noncontroversial

Lacking in controversy, dispute, or disagreement; widely acceptable or agreed upon.

Gross Domestic Product

The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.

Wooden Toy Factory

A manufacturing facility dedicated to the production of toys made from wood, often celebrated for their durability and environmentally friendly materials.