Gap filler rules allow the business persons in the agreement to
A) Determine if a contract must be in writing to be enforceable.
B) Ensure that both parties to the contract enter into a fair contract.
C) Resolve problems of the contract not anticipated when the commercial contract was made.
D) Fill in the ambiguous terms with industry standard terms.

Question

Quizplus · Accepted Answer

Gap filler rules are used to address unforeseen issues in a contract by providing default terms that can be applied when certain aspects of the contract were not explicitly covered.

Gap Filler Rules Allow the Business Persons in the Agreement