According to the gap-filling rule, if a sales contract does not contain a specific price, ________
A) the contract has to be redrafted to include a price
B) the contract is considered void due to indefiniteness
C) the contract can be enforced by either party by fixing an open term price
D) the contract cannot be enforced upon the buyee
C
You might also like to view...
What is a business indicator of the success of the employee appraisal and development programs implemented by the HR department of an organization?
A. the assistance in identifying management potential B. the organizational development activities provided by the HRM department C. the distribution of performance appraisal ratings D. the accuracy and clarity of information provided to managers and employees E. the quality of the introduction or orientation programs
DeAndre leads a task force developing specifications for a new customer database to be used by several departments. DeAndre is an IT supervisor, but most of the others are directors of other departments. At the first meeting, a few of them asked him questions he couldn't answer. According to the contingency model, DeAndre's situational control likely
A. is low. B. is moderate. C. is high. D. is extremely high. E. cannot be determined from the information.
The transmission control protocols that allow open systems to interoperate across multivendor networks, operating systems, and databases is referred to as:
A) XML. B) UDDI. C) WSDL. D) TCP/IP.
In a histogram, the proportion of the total area which must be to the left of the median is:
a. exactly 0.50. b. less than 0.50 if the distribution is negatively skewed. c. more than 0.50 if the distribution is positively skewed. d. unknown.