Practice Quiz

CLEP Business Law

Category - Contracts

Start a Study Session Sign up for Question of the Day
What is a course of dealing?
  1. A compilation of all the terms of all of the agreements between the parties.
  2. Normal business conduct between parties to a business transaction.
  3. A reason a contract is void or voidable.
  4. Any practice of dealing that is used so regularly in a region or industry as to justify an expectation that it will be followed in the contract at issue.
  5. B or D.
Explanation
Answer: B. A course of dealing is the normal business conduct between parties to a business transaction. In interpreting a contract, the express terms of the contract as well as the course of dealing will be used. However, where there is a conflict between the express terms and the course of dealing, the express terms will take precedence.
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz