Author Question: The UCC operates the same as the common law in how it allows courts to fill the gaps left of ... (Read 50 times)

misspop · **on:** Jun 24, 2018

The UCC operates the same as the common law in how it allows courts to fill the gaps left of contracts that have open terms.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The owner of a lost dog posts notices that she will pay 200 for its return. Someone who does not know about the reward finds the dog and returns it. The owner.
a. must pay the reward due to public policy considerations that encourage the completion of such contracts b. must pay the reward because the unilateral contract was completed
c. must pay the reward because there was an intent to make a valid offer and to be bound by that offer
d. does not have to pay the reward because the offer was not communicated to the person who found the dog e. does not have to pay the reward because there was no meeting of the minds