Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Take Test: 5015 Cumulative Exam Part 1 of 7 - Know Law ... Which of the following is FALSE about contracts pursuant to the Uniform
Take Test: 5015 Cumulative Exam Part 1 of 7 - Know Law ...
- Which of the following is FALSE about contracts pursuant to the Uniform Commercial Code?
a. A UCC contract must have a clear and precise price term initially in the contract for it to be valid. b. A merchant's firm offer can be valid and enforceable even without the payment of consideration. c. Additional terms in an acceptance will as a general rule not render the acceptance invalid. d. The UCC requires as a general rule a writing for contracts for the sale of goods $500 or more in price.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Quantitative Methods For Business
Authors: Donald Waters
5th Edition
273739476, 978-0273739470
