Ameri-Tex, a textile manufacturer, offered to sell 500 cotton blankets to Pittsburgh Hospital for $10,000 with payment on delivery. Pittsburgh Hospital responded, "accept your offer; full payment due 30 days after delivery." The parties:
a. do not have a contract since the acceptance violated the mirror image rule.
b. do not have a contract since the hospital's response was a counteroffer.
c. have a contract and in the majority of states the terms of the offeree control.
d. have a contract and in the majority of states, the different terms will cancel each other out.
d
You might also like to view...
The purchase of direct and indirect materials on account during the month requires an entry
a. debiting Work in Process and crediting Materials. b. debiting Materials and crediting Accounts Payable. c. debiting Accounts Payable and crediting Materials. d. debiting Materials and crediting Work in Process.
Under the Revised Uniform Partnership Act (RUPA), the dissociation of a partner always causes a dissolution and winding up of the business of the partnership.
Answer the following statement true (T) or false (F)
A member of the board of directors of a large corporation who holds the belief that businesses should be judged solely on criteria of economic efficiency and how well they contribute to growth in productivity is a proponent of the ________ school of
social responsibility. A) profit-oriented B) managerial C) institutional D) professional obligation
Jason's Burgers, a famous diner, recently started taking orders online to reduce the customer wait time. This arrangement was perfect for busy office workers who frequented the place, and the sales went up considerably. Jason's Burgers attempted to ________.
A. reduce costs B. create a new product C. raise barriers to market entry D. lock in customers E. establish alliances