This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In contrast to the common law of contracts, a merchant's firm offer under Article 2 may be revoked ... (Read 79 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
on: Jun 24, 2018
In contrast to the common law of contracts, a merchant's firm offer under Article 2 may be revoked within a reasonable time without consideration and is irrevocable with consideration for a period not to exceed 3 months.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which is not an element for an offer to be effective:
 a. clear intent by offeror
  b. willingness to accept consideration c. proper communication
  d. clear and certain terms and conditions e. all other choices are necessary


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

komodo7

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

b


stephzh

  • Member
  • Posts: 556
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Pneumonia. This common lung inflammation may be caused by bacteria, viruses, or fungi and is often d Pneumonia. This common lung inflammation may be caused by bacteria, viruses, or fungi and is often d
All living organisms descended from a common ancestral cell All living organisms descended from a common ancestral cell
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Common Homophones Common Homophones
Homeless woman with her possessions on a park bench in Beverly Hills, California. The contrast ... Homeless woman with her possessions on a park bench in Beverly Hills, California. The contrast ...
Common Abbreviations and Symbols Used by Massage Therapists Cont Common Abbreviations and Symbols Used by Massage Therapists Cont
Video: Asthma Treatment

For a complete list of videos, visit our video library