Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 04, 2024

For an offer to sell goods to be a firm offer, it must meet all the following basic requirements except: a. it must contain assurances

For an offer to sell goods to be a firm offer, it must meet all the following basic requirements except:

a. it must contain assurances that it will be upheld.

b. the offeror must be a merchant.

c. it must have been made orally.

d. it must have been made in a signed offer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Health Policy And Law

Authors: Sara E. Wilensky, Joel B. Teitelbaum

5th Edition

1284247457, 978-1284247459

More Books

Students also viewed these Law questions

Question

★★★★★

The Gallery is an indoor recreational facility. It employs 95 minimum-wage employees and 7 management-level staffers. During the past month, all employees participated in a promotion to enhance sales...

Answered: 1 week ago

Question

★★★★★

T F Hewlett-Packard Corporation and Dell Computer use product diff erentiation in the marketplace.

Answered: 1 week ago

Question

★★★★★

1. How would your life be different if television had never been invented? Jot down your ideas on paper, and we will share reactions in a minute. After a minute: Hiromi, will you tell us what you...

Answered: 1 week ago

Question

★★★★★

How might the difficulties of matrix organization change when implementing virtual projects?

Answered: 1 week ago

Question

★★★★★

The following book and fair values were available for Westmont Company as of March 1. Book Value Fair Value Inventory $ 350,000 $ 298,250 Land 820,500 1,085,250 Buildings 2,040,000 2,361,000 Customer...

Answered: 1 week ago

Question

★★★★★

Treasury Stock Transactions SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year, SprayCo reacquired 17,400 shares of its...

Answered: 1 week ago

Question

★★★★★

In the figure below, a stainless steel wire is supporting a weight, W. The Yield Strength and Young's Modulus for stainless steel (Grade 304) is 205 MPa and 190 GPa, respectively. What is the maximum...

Answered: 1 week ago

Question

★★★★★

Keelan visited a local accounting office and gave a demonstration to the accountants of a software product he was selling that streamlined the tax filing process. The accountants were excited at the...

Answered: 1 week ago

Question

★★★★★

P15-6- EOQ, reorder point, and safety stock Outdoor Living Manufacturers uses 1,000 units of a product per year. The fixed cost is $28 per order, while the carrying cost is $5 perunit per year. The...

Answered: 1 week ago

Question

★★★★★

In order to show more reported gains or less reported losses on the income statement, "gains trading" can be accomplished by selling securities classified as ____ with gains or by transferring...

Answered: 1 week ago

Question

★★★★★

A worker in charge of assembling a bicycle finds a faster way to mount the pedals. He turns to his supervisor. The supervisor explains that the process had been optimized by the engineering...

Answered: 1 week ago

Question

★★★★★

6. It is what the person has previously done for the group that is the deciding factor.

Answered: 1 week ago

Question

★★★★★

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago

Question

★★★★★

4. It is the principle of equality (according to very specific criteria of equality) that is crucial.

Answered: 1 week ago

Previous Question Next Question