Author Question: A buyer and a seller would like to enter into a contract for the sale of goods. In his offer the ... (Read 118 times)

jerry coleman

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A buyer and a seller would like to enter into a contract for the sale of goods. In his offer the buyer does not specify a price. The seller agrees with the arrangement.
 a. under Article 2 there is a contract if the parties have done business before; price never need be specified in such instances
  b. under the common law of contracts, but not the UCC, there is a contract because the parties intended to enter into a binding agreement even in the absence of the price term
  c. there can be no contract under Article 2 or the common law when a major term is missing
  d. there is no contract under Article 2 because some of the offer's major terms were omitted or were simply left open for determination later
  e. none of the other choices

Question 2

Which of the following can be patented in the United States, but not in Europe:
 a. a surgery method b. a therapy method
  c. a new variety of corn d. a new variety of sheep
  e. none of the other specific choices may be patented in Europe



stanleka1

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Answer to Question 1

e

Answer to Question 2

e



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