DB offered to sell a cap for $10 . Nate said, "I'll pay you $1.". DB said OK
a. There is a contract for the sale of the hat for $1.00.
b. There is no contract for the sale of the hat because nothing is in writing.
c. There is no contract because there was only an offer and acceptance
d. There is no contract because there is no consideration.
a
You might also like to view...
Traditionally economists identified main types of economic systems, which include all of the following except:
A) market capitalism. B) market socialism. C) centrally planned socialism. D) centrally planned capitalism. E) centrally planned nationalism.
An ad for Maybelline age-minimizing makeup in Ladies' Home Journal magazine featured actress Melina Kanakaredes and offered readers a $1-off coupon when they try the new makeup. In terms of the communication model, the source of this ad is ________
A) Melina Kanakaredes B) Ladies' Home Journal C) readers who redeem the $1-off coupon D) Maybelline E) the target market to whom Melina Kanakaredes appeals
The objective of profit maximization is rarely operational because its achievement is difficult to measure.
Answer the following statement true (T) or false (F)
The intent to associate is a key element of a partnership
Indicate whether the statement is true or false