Question

The UCC states that a sales or lease contract will not fail for indefiniteness even if one or more terms are left open as long as the parties _____ to make a _____, and there is a certain basis for the _____ to grant an appropriate _____. [UCC 2-204(3), 2A-2041(3)].

Answer 1

intended, contract, reasonably, court, remedy

Step-by-step explanation:

The UCC states that a sales or lease contract will not fail for indefiniteness even if one or more terms are left open as long as the parties intended to make a contract, and there is a certain basis for the reasonably to grant an appropriate remedy. [UCC 2-204(3), 2A-2041(3)].

Article 2 is a vast segment of the UCC that specifically addresses contracts for the sale of goods. A good is any movable property identified at the time of the contract. 'Goods' are also sometimes known as 'chattels.