Which of the following is true for terms to be expressed in a contract under the common law?
A) Additional terms can be added during acceptance.
B) Additional terms can be added without consideration.
C) Gap-filling rules are permitted for time, delivery, and prices of goods.
D) Contract must contain all the material terms of the parties' agreement.

Question

Quizplus · Accepted Answer

Under the common law, a contract must contain all the material terms of the parties' agreement. This means that all essential terms and conditions must be clearly stated in the contract for it to be legally enforceable. Additional terms cannot be added without the consent of both parties. Gap-filling rules are typically used under UCC Article 2 for sales of goods contracts, but not under common law contracts.

Which of the Following Is True for Terms to Be