The U.C.C. only applies to contracts where both parties are nonmerchants. True False An offeror's intent to be bound to

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

The U.C.C. only applies to contracts where both parties are nonmerchants. True False An offeror's intent to be bound to

Post by answerhappygod »

The U.C.C. only applies to contracts where both parties are
nonmerchants.
True
False
An offeror's intent to be bound to an offer is determined
by:
A. the offeree's ratification of the statement.
B. how a reasonable person would interpret the offeror's
statement.
C. the subjective belief of the parties.
D. the type of consideration being offered.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”