Sunny Glass Company and Collision Repair Center enter into a contract under which Sunny agrees to deliver a certain quantity of auto glass to Collision Repair each month. The contract does not include a price term. In a suit between the parties over the price, a court will
A. determine a reasonable price.
B. impose the lowest market price.
C. impose the highest market price.
D. return the parties to the positions they held before the contract.
Answer: A
You might also like to view...
Our one-day seminar, "Selling is a Art," will be given in Chicago, detroit and nashville
What will be an ideal response?
Sales commissions expense for a department store is an example of a direct expense
Indicate whether the statement is true or false
In email messages to international colleagues, avoid dwelling on cultural differences
Indicate whether the statement is true or false.
A system of accounting for production operations that produces timely information about inventories and manufacturing costs per unit of product is a:
A. Manufacturing accounting system. B. Cost accounting system. C. Finished goods accounting system. D. Production accounting system. E. General accounting system.