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Author Question: Jerry Montray is negotiating with Pamela Barnes for the purchase of her mountain bike. The following ... (Read 100 times)

abern

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  • Posts: 533
on: Jun 24, 2018
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

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

A

Answer to Question 2

FALSE


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