Metro Daily and New City Newsstand enter into a contract under which Metro agrees to deliver a certain quantity of newspapers to New City each day. The contract does not include a price term. In a suit between the par­ties over the price, a court will
A. determine a reasonable price.
B. impose the lowest market price.
C. refuse to enforce the agreement.
D. return the parties to the positions they held before the contract.
Answer:A
Metro Daily and New City Newsstand enter into a contract under which Metro agrees to deliver a certain quantity of newspapers to New City each day. The contract does not include a price term. In a suit between the par­ties over the price, a court will
A. determine a reasonable price. B. impose the lowest market price. C. refuse to enforce the agreement. D. return the parties to the positions they held before the contract.