Asked by Alexa Warson on Jun 15, 2024
Verified
Grinders Mill agrees to sell to Harvest Company a certain quantity of refined grains. Some of the other terms in the deal are left open. In the case of a dispute, a court will presume
A) whatever favors the non-breaching party.
B) whatever favors the plaintiff.
C) whatever is reasonable.
D) nothing.
Refined Grains
Processed grains that have had the germ and bran removed, which lowers their fiber content and nutritional value.
Non-breaching Party
In a contractual agreement, the party that has not failed to fulfill their contractual obligations and has been wronged by the other party's breach.
Reasonable
The term 'reasonable' is used to describe actions or decisions that are logical, fair, and sensible, based on the circumstances.
- Analyze the importance of specifying terms such as quantity, price, and delivery in contracts for the sale or lease of goods.
Verified Answer
TC
Taylor CollierJun 15, 2024
Final Answer :
C
Explanation :
In contract law, when certain terms of a deal are left open or are ambiguous, a court will typically presume whatever is reasonable under the circumstances to fill in the gaps or resolve the ambiguity. This approach aims to enforce the contract in a manner that reflects the parties' intentions as closely as possible, based on the available evidence and the norms of fairness and reasonableness in commercial dealings.
Learning Objectives
- Analyze the importance of specifying terms such as quantity, price, and delivery in contracts for the sale or lease of goods.