Under the Code, if the parties have reached no agreement on price, the price is a reasonable one at the time of making the contract

a. True
b. False
Indicate whether the statement is true or false


False

Business

You might also like to view...

Which of the following is generally covered under casualty insurance?

a. Employee theft or embezzlement b. Disability c. Transportation insurance d. Vandalism to property

Business

If a business firm refuses to comply with an agency's request to inspect facilities or business records, the agency must defer to the refusal.

Answer the following statement true (T) or false (F)

Business

_____ is the bottom-up process of identifying a higher-level, more generic entity supertype from lower-level entity subtypes

a. Specialization b. Generalization c. Normalization d. Total completeness

Business

Focused differentiation is a strategy in which a product is unique and is used by a wide range of consumers

Indicate whether the statement is true or false

Business