1. Beta Inc. offers to buy 25 screwdrivers from Industrial Hardware for $75. Ind

Question

1. Beta Inc. offers to buy 25 screwdrivers from Industrial Hardware for $75. Industrial responds, We have the screwdrivers you wish to purchase, but the price is $80. Beta replies, No, we can find them cheaper somewhere else. Industrial now responds, We accept your offer of 25 screwdrivers for $75. Do they have a contract?

A. No, Industrials counteroffer terminated Betas offer.

B. No, Beta never made an offer since shipment terms were not included.

C. Yes, Beta made a firm offer.

D. Yes, Industrial was merely attempting to negotiate.

A. Beta has made a counteroffer.
B. Beta has accepted Alpha

2. Alpha orders 100 Grade A widgets from Beta. Beta does not have any Grade A widgets in stock, so it ships Alpha 100 Grade B widgets instead. Which of the following is true?

Explanation / Answer

C. Yes, Industrial was merely attempting to negotiate.

D. Two of these

C. not include an offer and acceptance.

E. All of these

E. All of these

B. There is a contract, but Daniel does not have to wash and wax the car.

A. the terms cancel each other out.

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