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Generally, contracts are formed once the offeror and offeree have agreed on all the details of the agreement. The UCC has made exceptions to this

Generally, contracts are formed once the offeror and offeree have agreed on all the details of the agreement. The UCC has made exceptions to this rule and now allow parties to enter into enforceable contracts before all the details have been ironed out. Select two terms that can be left open and how the court will resolve them if the parties can not come to an agreement.

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