It is a false statement that if a contract for a sale of goods leaves the quantity term open, there is a basis for determining a remedy.
It is often a short-form of contract between a buyer and a seller for the sale and purchase of goods. Its sets out simple terms governing the subject matter of the sale, the contract period, delivery details, purchase price, and payment terms.
Under the contract, a standard clause for the output contract for the sale of goods must specify the percentage of the seller's output of the goods that the buyer must purchase exclusively from the seller and that the seller must sell to the buyer.
Full question "if a contract for a sale of goods leaves the quantity term open, there is a basis for determining a remedy. True/False"
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