Can anyone help with this? I'm getting confused. I thought an enforceable contract under UCC had to have a set price, quantity and and time for performance.
Under the U.C.C. Sales Article, which of the following conditions will prevent the formation of an
enforceable sale of goods contract?
A. Open price
B. Open delivery
C. Open quantity
D. Open acceptance
Answer: D
Explanation: The Uniform Commercial Code (U.C.C.) Sales Article permits the formation of a sales contract even if
the price is left open (“open price”), the delivery terms are not specified (“open delivery”), and the
quantity is not specified exactly (as, for example, in “requirement” or “output” contracts). However, there
can be no contract without an “acceptance,” thus, an “open acceptance” would not result in a sales
contract under the U.C.C.
.