Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following exchange takes place: PS: I'm considering selling my end table lamps. MB: I've always admired them, and would have an interest if you

The following exchange takes place: PS: "I'm considering selling my end table lamps." MB: "I've always admired them, and would have an interest if you decide to sell them." PS: "Sold, to you."

Group of answer choices

No contract exists because the parties did not agree upon a price

A contract exists and the UCC provisions can provide the market price

No contract was formed since there was neither offer or acceptance

MB will have to buy the tables because a contract was formed.

none of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

More Books

Students also viewed these Law questions

Question

Install the nginx web server, as you did in the previous Qwiklab.

Answered: 1 week ago