The president of Deal Corp. wrote to Boyd, offering to sell the Deal factory for $300,000. The offer was sent by Deal on June 5 and was received by Boyd on June 9. The offer stated that it would remain open until December 20. The offer:
A. constitutes an enforceable option.
B. may be revoked by Deal any time prior to Boydâs acceptance.
C. is a firm offer under the U. C. C. but will be irrevocable for only three months.
D. is a firm offer under the U. C. C. because it is in writing.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The president of Deal Corp. wrote to Boyd, offering to sell the Deal factory for $300,000. The offer was sent by Deal on June 5 and was ...” 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
Individuals and organizations can give an unlimited amount of money to
Answers (1)
12. Typically, entrepreneurs don't like to be told what to do because A. they're stubborn by nature. B. it takes a big ego to run a business. C. they have problems with authority figures. D. they have so many ideas of their own.
Answers (2)
Yankton Company began the year without an investment portfolio. During the year, it purchased investments classified as available-for-sale securities at a cost of $13,000. At the end of the year, the market value of the securities was $11,000.
Answers (1)
Jessica is applying for a new job. She knows that she will be more likely to obtain a job (and keep it) if she improves the quality of her work skills.
Answers (1)
The unemployment rate may underestimate the true extent of unemployment if: a. many people have part-time, as well as a full-time job. b. there, are a large number of people working in the underground economy. c.
Answers (1)
New Questions in Business
Jennifer's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a market price of $41 a share. Neither firm has any debt. Sally's is acquiring Jennifer's for $58,000 in cash.
Answers (1)
Why are protective tariffs considered negative? They cause imports increase. They cause imports to decrease. Countries usually raise tariffs in retaliation. Exports often decrease. They cause people to buy more goods produced by their home country.
Answers (1)
A broker that does not represent the seller or the buyer but simply is paid a fee to bring the two together is called a
Answers (1)
Exxon Mobil Corporation explores, produces, refines, markets, and supplies crude oil, natural gas, and petroleum products in the United States and around the world.
Answers (1)
As explained in the individual in a networked world: two scenarios, the metaverse will be a combination of:
Answers (1)