Jerry Montray is negotiating with Pamela Barnes for the purchase ...

[abern]

Jerry Montray is negotiating with Pamela Barnes for the purchase of her mountain bike. The following conversation has taken place: Jerry: I will buy your mountain bike for 375.00. Pamela: I will sell it to you. Jerry: Good. The tire pump is included. Which of the following statements is true?
 A) Jerry and Pamela have a contract for the bike at 375.00.
 B) Jerry and Pamela do not have a contract for the bike at 375.00.
 C) Jerry and Pamela have a contract for the bike at 375.00 with the tire pump.
 D) None of the above

Question 2

The duty of loyalty of an agent to a principal does not cover conflicts of interest.
  Indicate whether the statement is true or false

[yuyiding]

Answer to Question 1

A

Answer to Question 2

FALSE