Asked by Suzette Miranda on Jun 05, 2024
Verified
A(n) ________ can make a(n) ________ because it deals in ________ in the ordinary course of business or has knowledge or skills peculiar to those goods.
A) obligor;gift;specially manufactured goods
B) merchant;firm offer;goods of the kinds sold
C) merchant;open price contract;goods of the kinds sold
D) seller;firm offer;goods of the kind sold
Firm Offer
A proposal in business transactions that remains valid for a specified period and cannot be revoked during that time.
Merchant
An individual or business engaged in the wholesale or retail trading of goods and services, traditionally involved in buying and selling with the aim of earning a profit.
Goods of the Kinds
Products or items that are characteristic of what is described in a contract, conforming to expectations based on trade and usage.
- Understand the stipulations and consequences of unyielding propositions and agreements under the Uniform Commercial Code.
Verified Answer
Learning Objectives
- Understand the stipulations and consequences of unyielding propositions and agreements under the Uniform Commercial Code.
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