Asked by
Thomas Vondersmith
on Nov 27, 2024
Verified
Hardware Store Company and Indestructible Tools Inc. sign a written contract for a sale of goods. To be enforceable, this written contract must include
A) a correct title, such as "Purchase Order" or "Sales Invoice."
B) a date, such as "October 2019" or "10/2019."
C) a quantity term, such as "50 hammers" or "100 boxes of assorted nails."
D) the parties' contact information.
Sale of Goods
A transaction between a buyer and seller where the ownership of tangible personal property is transferred for a price.
Quantity Term
A provision in a contract that specifies the amount of goods or services to be provided or delivered.
Enforceable
A term used to describe a legal agreement or rule that can be upheld or compelled by law.
- Determine the key terms required for a contract to be legally binding.
Verified Answer
GT
Learning Objectives
- Determine the key terms required for a contract to be legally binding.