Question: Unless you are dealing with a requirements contract or an output contract, the one term that is necessary for the parties to have determined under
- Unless you are dealing with a requirements contract or an output contract, the one term that is necessary for the parties to have determined under the Uniform CommercialCode is
quantity term
payment terms
delivery terms
price term
- A(n) _______ contract is illegal from the beginning and may not be enforced by either party; a(n) __________ contract describes a contract that includes a provision which must be satisfied in order for performance to be required.
disaffirmed, void
void,unenforceable
void, conditional
voidable, void
- As long as a premarital agreement is in writing it will be enforceable with little or no consideration being given to timing of execution,independent representation or complexity of the agreement.
True
False
- All of the following are possible defenses to contract formation except
undue influence
unilateral mistake
duress
fraudulent misrepresentation
- The theory of Quasi Contract is a remedy the court uses in breach of contract cases where there has been a mistake by one of the parties.
True
- False
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