When an offer of sale does not specify a price, it is assumed that the parties intended:
A) an implied contract.
B) not to enter a contract
C) a reasonable price.
D) a minimal price.
Correct Answer:
Verified
Q22: If the offeror acknowledges the rejection but
Q23: Offers are terminated for all of the
Q24: All of the following communications are offers
Q25: The offer, once rejected by the offeree,
Q26: A purchase order issued by one firm
Q28: A call for a bid or estimate
Q29: When no ?definite time for acceptance is
Q30: The offer and acceptance issue gets complicated
Q31: A person cannot be compelled to speak
Q32: The determination of what is considered a
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