Author Question: Article 2 allows the parties to enter into a binding agreement even though the contract price is to ... (Read 136 times)

jparksx · **on:** Jun 24, 2018

Article 2 allows the parties to enter into a binding agreement even though the contract price is to be determined at a later date.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The Restatement (2d) of Contracts defines a(n) as the manifestation of willingness to enter into a bargain, so made as to justify another person in understanding that his assent to that bargain is invited and will conclude it.
a. proposal
b. suggestion c. offer
d. bid
e. none of the other choices are correct