Asked by Sheri Fejeran on Sep 30, 2024

Which section of the UCC will govern the supplying of a missing price in a commercial transaction?

A) 2-306
B) 2-305
C) 2-307
D) 2-401

UCC

The Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.

Missing Price

A situation where the cost or value of an item is not listed or known.

  • Comprehend the importance of pricing conditions during the creation of contracts and the possibility of enforcing these terms.