Go to this texts Web site at academic. cengage.com/blaw/clarkson and select Chapter 20. Click on Video Questions
Question:
(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?
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a Yes a contract can exist even if the price was not specified If the parties have not agreed on a price the court will determine a reasonable price at the time of delivery UCC 23051 If one of the par...View the full answer
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Related Book For 
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
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