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Valentin [98]
3 years ago
11

Under the UCC a sales or lease contract will not fail for indefiniteness even if there are open terms if the parties intended to

contract and if there is a reasonably certain basis for the court to grant an appropriate remedy.True / False.
Business
2 answers:
Alex17521 [72]3 years ago
5 0

Answer:

True

Explanation:

In contract law and under UCC, indefiniteness means that the terms of a contract are too vague or too indefinite for the contract to be enforceable, e.g. a contract that sells a parcel of land but doesn't include the exact location. If any party breaches a contract that fails for indefiniteness, usually the other party cannot claim a remedy for the breaching. In the previous example, if someone received money in advance they cannot keep it, it must be returned at the buyer's request.

But even if contracts fail for indefiniteness, but the parties can still reasonably perform, then the contract might be considered valid under certain circumstances. E.g. a contract between merchants that doesn't include a sales price, just a request for merchandise. If both merchants had already been engaged in previous transactions, UCC rules set the price as the reasonable price at the time of delivery, or the price used in a previous transaction.

In our first example, if the seller can provide proof of location of the parcel of land and it satisfies the contract's terms, then that sales contract is enforceable.  

Gelneren [198K]3 years ago
4 0

Answer:

The correct answer is True.

Explanation:

At the end of a common agreement, there is no consequence for any of the parties, since it is their will to end the contract that they previously agreed to sign

Termination of the lease by the lessor.

The lessor may unilaterally terminate the lease under the conditions established by law, paying any compensation that may arise.

The law expressly establishes when and why the lease can be terminated by the lessor, and only in those cases can the contract be terminated without there being room for the payment of a penal clause or non-compliance, if any, since in those cases the law in particular established how and why to terminate the contract, and set the penalties to which there is room.

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Discuss reasons why communication may break down between co-workers regarding work matters, (4) Discuss how technology can be he
Fed [463]

Answer: 1) Lack of communication plan; this is a situation where the organization doesn't provide adequate training and orientation on how workers should communicate amongst each other.

2) Toxic and Stressful work environment; a toxic and stressful work environment can affect communication in a work environment. For people to communicate very well there have to be a great atmosphere for that and not that filled with hatred or so much work load.

Explanation:

Challenges in work environment is something that's inevitable sometimes, here are the following reasons why communication may break down between co-workers regarding work matters;

1) Lack of communication plan; this is a situation where the organization doesn't provide adequate training and orientation on how workers should communicate amongst each other.

2) Toxic and Stressful work environment; a toxic and stressful work environment can affect communication in a work environment. For people to communicate very well there have to be a great atmosphere for that and not that filled with hatred or so much work load.

3) Partial judgement; this could be defined as a situation where either the management staff has a bias concerning some workers over the others or the workers have some form of bias against themselves which clouds their judgement

Technology can be helpful in maintaining a healthy financial plan by helping you plan your savings and investment. Today we have many firms who came up with plans technology-wise on how individuals can save some amount of their money and get reasonable interest rate. They're other platforms where investments are been born out of through technology. The main purpose is that they help you keep a healthy financial plan both by saving and investments.

3 0
3 years ago
Caracteristicas profesionales de un instructor
7nadin3 [17]

Answer:

Un instructor es un profesional cuya tarea es la de, como su nombre lo indica, instruir a otras personas respecto de la realización de una actividad, arte o tarea determinada.

Así, por ejemplo, existen instructores de diversas actividades, como vuelo, buceo, entrenamiento personal, etc., los cuales enseñan a las personas a realizar su actividad, supervisando su performance y corrigiendo sus errores, para formar así personas idóneas en el arte o actividad que el instructor domina.

4 0
3 years ago
A construction firm cannot obtain the necessary permits to begin building a shopping mall until it can show it either has or wil
Crazy boy [7]

Answer: Loan commitment or credit line

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In the given case, the construction firm wants to show that they can have necessary funding. Thus, they can use above tools to show that they have the back of banks in case of providing funding.

Thus, the correct option is C or D .

8 0
3 years ago
Text Problem 5
Alik [6]

Answer:

Please find the answer in the attached image

Explanation:

Please find attached the table used in answering this question

Marginal benefit is the change in total benefit when consumption is increased by one unit

Please find attached the image used in answering this question

4 0
3 years ago
Marianne's Chocolates sell well in the U.S. at a price of $24 per pound, and she has overproduced one kind of chocolate bar. Mar
sammy [17]

Answer: Variable cost pricing

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Marianne wants to sell in Mexico by setting the selling price in such a way that she adds the total variable cost to the markup. This way she would meet her cost and gain some level of profit.

8 0
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