If the UCC recognizes the fact that parties to sales contracts frequently omit terms from their agreements or state ambiguous terms,then the Code:

A) can fill in the blanks with reference to common trade practices.
B) has no power to fill in the blanks.
C) declares such a transaction as a void one.
D) penalizes both parties for such lacunae.

Question

Termaine Hughes · Accepted Answer

Final Answer : A, Explanation :  The Code recognizes the fact that parties to sales contracts frequently omit terms from their agreements or state terms in an indefinite or unclear manner.The Code deals with these situations by filling in the blanks with common trade practices.

Definitions

Learning Objectives

Learning Objectives

Related questions