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Bill - I will buy 100 watches from you for the standard price (The last standard price is $2) Tom - Ok, great. We have

Bill - "I will buy 100 watches from you for the standard price" (The last standard price is $2)

Tom - "Ok, great. We have a deal at $3'

Tell me if you think they have an enforceable contract and why.

Only for purposes of this next question, presume they have an agreement, and tell me what terms are implied by the UCC in their agreement.

What would the price be, and why?

When is payment due?

By when must be delivery made?

Where must delivery be made?

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