When a contract for the sale of goods is missing provisions such as delivery, quantity and payment terms, which of the following statement under the UCC is correct?
A) The contract will be declared unenforceable for missing terms.
B) The contract will be voidable due to missing terms.
C) No contract ever existed because of missing terms.
D) The contract will be acceptable so long as the contract shows that the parties intended to enter into a contract.

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), a contract for the sale of goods can still be considered valid even if it is missing certain terms (such as delivery, quantity, and payment terms), as long as there is evidence that the parties intended to make a contract. The UCC provides gap-filling provisions for missing terms to facilitate the enforcement of contracts and promote commerce.

When a Contract for the Sale of Goods Is Missing