Asked by ZAHRAH JAHANGIR on May 21, 2024
Verified
Which of the following characterizes definiteness standards under classical contract law?
A) Courts are contract enforcers.
B) Contracts need to contain all the terms.
C) Courts should be able to provide "gap fillers" in contracts.
D) Courts can take a "hands-on" approach to contracts.
Definiteness Standards
Legal criteria used to evaluate the clarity and specificity of contract terms, ensuring that all essential terms are clear enough to enforce the agreement.
Classical Contract Law
This term describes a legal framework that emphasizes freedom of contract, where contracts are agreements entered into voluntarily by the parties and are enforceable by law.
- Comprehend the impact of the Uniform Commercial Code (UCC) on revising established contract regulations, with a focus on the precision of proposals and the rules for filling in missing details.
Verified Answer
Learning Objectives
- Comprehend the impact of the Uniform Commercial Code (UCC) on revising established contract regulations, with a focus on the precision of proposals and the rules for filling in missing details.
Related questions
Which of the Following Is True of a Sales Contract ...
The UCC Often Creates Contractual Liability in Situations Where No ...
Generally Speaking,the UCC's Rules for the Definiteness of an Offer ...
All Terms of Contracts,even Fine-Print Provisions of Standard Form Contracts,are ...
Which of the Following Characterizes the Code's Standards of Definiteness ...