Andy: This is to confirm our telephone conversation of earlier today. 200 lbs. of T-bone at 2.89 per pound. Barb: Yes, but that's 100 pounds at 2.99. Andy: Too late, we already reached agreement by phone. Barb: Too bad, it wasn't in writing. Which of the following statements is true?
A) Barb is incorrect. The phone conversation was a contract.
B) Barb is correct. The agreement must be in writing to be enforceable.
C) Andy can enforce the agreement with the parol evidence rule.
D) None of the above
Question 2
Talk to Ann. She doesn't work here anymore, but I think she is the best one to get this deal done for us, is an example of lingering apparent authority given to an agent.
Indicate whether the statement is true or false