A buyer for Target offers to buy $100,000 worth of Christmas decorations from a supplier for delivery by Nov. 15th. The

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

A buyer for Target offers to buy $100,000 worth of Christmas decorations from a supplier for delivery by Nov. 15th. The

Post by answerhappygod »

A buyer for Target offers to buy $100,000 worth of Christmas
decorations from a supplier for delivery by Nov. 15th. The supplier
responds "I accept your offer and agree to deliver them by December
15th." Target instead buys them from a different supplier who can
deliver by Nov. 15th. The first supplier ships them for delivery by
December 15th and sues to be paid. Target will win because the
first supplier's response was a counteroffer, not a valid
acceptance, and Target did not accept the counteroffer.
True or False.
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”