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Buyer and Seller agree that Seller will deliver 5,000 pounds of coffee beans next month and that the price will be "the fair commercial price at delivery." Both intend to be bound.
Which statement is most accurate under Division 2?

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The court must use the lowest price quoted during negotiations. If the parties intended to be bound, Division 2 can supply a reasonable price at the time for delivery. The seller may set any price it wants if the contract says price will be fixed later. The contract is enforceable only if both parties are merchants.

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