Two merchant companies have entered into a contract for the sale of goods but have had no prior dealings that would establish a course of conduct between them. The UCC will allow gap fillers to apply to their contract regarding missing terms in each of the following situations except when

they have failed to specify the price of the goods to be delivered.

Explanation:

If there is a buyer and seller conflict where paperwork between the two them do not agree, the the UCC makes provision for gap fillers. Gap fillers supplements agreement that has failed between the parties and includes that delivery of goods is within a reasonable time.

However UCC gap cannot be used to account for situations where the price of the goods has not been specified. The price can only be agreed between the parties involved.

Gap fillers is effective when time of payment is not settled, place of delivery is not provided, and when quality or grade of goods is not stated.

answer; limited pay life;

correct, but each time you dont pay the price of the penalty can increase.