Asked by Yoselin Ramirez on Apr 27, 2024
Verified
What kind of offer did the manager at ABC Carpet make to Joaquin?
A) An unenforceable offer
B) A firm offer
C) A consideration offer
D) An illusory offer
E) A mirror offer
Firm Offer
A binding offer stating in writing how long it is to remain open that cannot be revoked during that period by the offeror.
Guaranteed Price
A price assured by one party to another, often used in contracts to specify the minimum payment that will be received for goods or services.
- Acquire insight into the melding of state and common law regulations with the UCC in sections lacking explicit directives.
Verified Answer
ZK
Zybrea KnightMay 03, 2024
Final Answer :
B
Explanation :
The manager at ABC Carpet made a firm offer by writing down the proposed purchase price and stating that the price would be good for three months, which is a clear, definitive promise that Joaquin could rely on.
Learning Objectives
- Acquire insight into the melding of state and common law regulations with the UCC in sections lacking explicit directives.
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