Question
Boris looks into Grutz Whole sale electronics catalog; sees that Grutz sells Sony MP3 players; and calls Grutz. Boris says to Grutz; I want you
Boris looks into Grutz Whole sale electronics catalog; sees that Grutz sells Sony MP3 players; and calls Grutz.
Boris says to Grutz; "I want you to ship me 3 cases Sony MP3 players"
Grutz takes the order and says: "I will send this order to the warehouse to make sure we have that many in stock."
Grutz sends the order to the warehouse and they ship Boris 3 cases of Sony MP3 players.
Did Grutz Accept Boris's offer? Why?
What is the price of the MP3 players? Why?
When does Grutz have to ship the MP3 players? Why?
How many cases must Grutz ship in the first shipment? Why?
When does Boris have to pay the MP3 players? Why?
How does Boris have to pay for the MP3 players? Why?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
