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Kristina,a Buyer,enters into a Sales Contract with Shayda,a Seller

Question 97

Multiple Choice

Kristina,a buyer,enters into a sales contract with Shayda,a seller.The contract is written and includes all of the major terms of the contract,except for the price to be paid for the goods.The contract between Kristina and Shayda is:


A) Enforceable, if the price is not stated, then the price will be the "reasonable price" at the time of delivery.
B) Enforceable, if the price is not stated, then Kristina must accept the goods and pay whatever price Shayda tells her to pay.
C) Unenforceable, even if Shayda latter provides Kristina with a price, a contract must have a fixed price at the time it is made to be valid under the UCC.
D) Unenforceable because the Statute of Frauds requires specific price terms in writing.
E) Whether the contract is enforceable depends on whether a firm offer was made.

Correct Answer:

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