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Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross
Edition 11ISBN: 978-0324655223Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross
Edition 11ISBN: 978-0324655223 Exercise 2
VIDEO QUESTION
Go to this text's Web site at academic.cengage.com/blaw/clarkson and select "Chapter 20." Click on "Video Questions" and view the video titled Sales and Lease Contracts: Price as a Term. Then answer the following questions.
(a) Is Anna correct in assuming that a contract can exist even though the sales price for the computer equipment was not specified Explain.
(b)According to the Uniform Commercial Code (UCC), what conditions must be satisfied in order for a contract to be formed when certain terms are left open What terms (in addition to price) can be left open
(c) Are the e-mail messages that Anna refers to sufficient proof of the contract
(d) Would parol evidence be admissible
Go to this text's Web site at academic.cengage.com/blaw/clarkson and select "Chapter 20." Click on "Video Questions" and view the video titled Sales and Lease Contracts: Price as a Term. Then answer the following questions.
(a) Is Anna correct in assuming that a contract can exist even though the sales price for the computer equipment was not specified Explain.
(b)According to the Uniform Commercial Code (UCC), what conditions must be satisfied in order for a contract to be formed when certain terms are left open What terms (in addition to price) can be left open
(c) Are the e-mail messages that Anna refers to sufficient proof of the contract
(d) Would parol evidence be admissible
Explanation
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Business Law 11th Edition by Kenneth Clarkson,Roger LeRoy Miller,Gaylord Jentz,Frank Cross
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