T/F under the ucc, if a dispute occurs over the existence of a contract, a purchase order can be sufficient to indicate that there is a contract.

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30-11-2022
Social Studies

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T/F under the ucc, if a dispute occurs over the existence of a contract, a purchase order can be sufficient to indicate that there is a contract.

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kjuli1766 kjuli1766 · Answer 1 · 2022-12-01T21:38:25+01:00

Under the ucc, if a dispute occurs over the existence of a contract, a purchase order can be sufficient to indicate that there is a contract. TRUE.

‌An agreement is an agreement, but a settlement isn't usually a settlement. A settlement may be informal or it is able to be written; an agreement can be verbal or written, but a settlement will usually be enforceable if it carries positive requirements.

Due to the fact, a settlement is legally binding, all parties must comply with the terms and do what the contract says they should. there are numerous methods a legally binding settlement may be created. The best way is for both parties to draft an agreement together and put it in writing with the terms and conditions absolutely outlined.

A contracting method is determined based at the state of affairs and contract documents are prepared. this could consist of specifications, phrases, conditions, or requirements. The very last cost and terms are negotiated and the contract is reviewed and finalized.

Learn more about contracting here:

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