Spangel Fashions sends out its spring and summer catalog to Cindy. Cindy falls in love with the cute dress featured on the front cover of the catalog. When Cindy calls to order the dress, she is informed that the company has sold out of the dress. Cindy
is upset and claims that the store is in breach of contract. She argues that the catalog presented an offer, which she accepted when she called to order the dress. Is Cindy correct? Why/why not?
No. Advertisements, price lists, and catalogs generally are not offers. Cindy submitted the offer and the store would have accepted the offer if the merchandise had been in stock. As long as Spangel Fashions is not violating any consumer protection statutes, it has no liability here.
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Early finish time (EF) ______.
A. is the earliest possible date in the year on which an activity can be completed B. is calculated by subtracting the duration for an activity to the ES C. is the earliest possible time on a day on which an activity can be completed D. is calculated by subtracting the duration for an activity from the ES
A values-based culture recognizes that where rules do not apply the firm must rely on the personal integrity of its workforce during decision making.
Answer the following statement true (T) or false (F)
Suppose you have $2,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 11.1% interest, compounded annually. How much will you have when the CD matures?
A. $7,105.46 B. $5,730.21 C. $6,818.95 D. $6,303.23 E. $4,526.87
Each of the following is characteristic of order fulfillment except
A) B2B order fulfillment commonly uses business processes management (BPM) software to automate various steps in the process. B) customers pressure suppliers to improve the order fulfillment process. C) flexible systems are needed because customers might change an order after the order is sent to the warehouse. D) B2C fulfillment may be more complex than that of B2B.