A "reasonable price":
A) is determined by a formula specified by UCC Article 2
B) is always "fair market value"
C) is never "fair market value"
D) is completely arbitrary
E) none of the other choices are correct
Correct Answer:
Verified
Q252: In Griffith v. Clear Lakes Trout, Griffith
Q253: Under the UCC, parol evidence may not
Q254: In Griffith v. Clear Lakes Trout, Griffith
Q255: If, when considering a contract under the
Q256: When a court must determine a price
Q258: Under the UCC, oral testimony:
A) may contradict
Q259: A "reasonable price":
A) may or may not
Q260: When a buyer has agreed to purchase
Q261: Under the UCC, the seller's basic obligation
Q262: When a seller has agreed to supply
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