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Under the Uniform Commercial Code of Offer and Acceptance as a Contract

Question 40

Multiple Choice

Under the Uniform Commercial Code of offer and acceptance as a contract issue, _____.


A) merchants should be held to particular standards because they are more experienced
B) an offer can be revoked at any time prior to acceptance unless the offeror has given the offeree an option
C) if the acceptance differs from the offer, no contract results
D) a contractual obligation may arise even if the agreement has open terms
E) a contract that fails to specify price or a means of accurately ascertaining price will almost always fail

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