On April 1, Fine Corp. faxed Moss an offer to purchase Moss's warehouse for $500,000. The offer stated that it would remain open only until April 4 and that acceptance must be received to be effective. Moss sent an acceptance on April 4 by overnight mail and Fine received it on April 5. Which of the following statements is true?
A. No contract was formed because Moss sent the acceptance by an un-authorized method.
B. No contract was formed because Fine received Moss' acceptance after April 4.
C. A contract was formed when Moss sent the acceptance.
D. A contract was formed when Fine received Moss's acceptance.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On April 1, Fine Corp. faxed Moss an offer to purchase Moss's warehouse for $500,000. The offer stated that it would remain open only until ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In an economy that relies upon barter, a. trade does not require a double coincidence of wants. b. scarce resources are allocated just as easily as they are in economies that do not rely upon barter. c.
Answers (1)
What publication can give you an idea of how administrative jobs are going to change in the future? A: Office Pro B: Occupational Outlook Handbook C: From 9 to 5 D: The Executary
Answers (1)
Which government agency deals with counterfeit money?
Answers (1)
At Halsted Medical Products Corp., all assembly workers must wear specialized gear to prevent possible injuries from minute particles in the manufacturing environment. What type of control does this requirement best reflect? a. Feedback control. b.
Answers (1)
Explain how firms production functions and costs curves will change as science and techno, ogy advance and as the knowledge of how to organize and manage resurces improves
Answers (1)
New Questions in Business
A registered representative opens a new account for a customer by telephone and receives an order to sell 300 shares of ABC at the market.
Answers (1)
Brian brewster sold property to a buyer who paid him $400,000 cash and assumed an existing mortgage of $150,000
Answers (1)
The following inventory information was taken from the records of Kleinfeld Inc.: Historical cost $12,000 Replacement cost $7,000 Expected selling Price $9,000 Expected selling cost $500 Normal profit margin 50% of price Assume that subsequent to
Answers (1)
Eliza has a policy that allows her to deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns 65, she can deduct the premiums that exceed 7.5% of her adjusted gross income. Which type of policy does Eliza have?
Answers (1)
A key consideration related to business intelligence is that it focuses on data to aid in
Answers (1)