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Author Question: A said to B, I'll give you 100 for that bracelet. B replied, 135. A said, No thanks. B then said ... (Read 125 times)

penguins

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on: Jun 24, 2018
A said to B, I'll give you 100 for that bracelet. B replied, 135. A said, No thanks. B then said that B accepted the 100, but A was no longer interested and said there was no contract. B insists there is a contract. Result?
 A) A's offer of 100 was open and accepted by B, thereby forming a contract.
 B) B's counteroffer of 135 terminated A's offer of 100.
 C) B's statement, 135 was a negotiating statement that did not terminate A's original offer of 100.
 D) A's offer of 100 was irrevocable.

Question 2

A counteroffer is a(n):
 A) acceptance of the original offer.
 B) rejection of the original offer.
 C) acceptance of the original offer and an invitation to further negotiate.
 D) a revocation of the original offer.


Jordin Calloway

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

B


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