When a court must determine a price for a contract under the UCC, they look to:
A) fair market value
B) usual business practices
C) a reasonable price
D) all of the other specific choices may be used
E) none of the other choices; such contract is invalid
Correct Answer:
Verified
Q251: A(n) _ is one in which a
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
Q257: A "reasonable price":
A) is determined by a
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
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents