Major Field Test Business Time 46 mi :10 of 60 Unmarked ont v omal Color Scheme

Question

Major Field Test Business Time 46 mi :10 of 60 Unmarked ont v omal Color Scheme On May 20, Bils Designs, ILC, sends Brenda's Boutique a written offer to sell 50 pairs of new sunmer sandals to the boutique for $30.00 a pair. The offer states that it will be good for 30 days. Brenda accepts the offer in writing on the twenty-xinth day. Which of the following will be the result if Bil's Designs refises to honor the offer and Brenda's Botique challenges the action? A) Brenda's Boutique wil wn, as this was a firm ofer under the Umform Commercial Code (UCC). O B) Bll's Designs, LLC, wil win if it has already sold all the sandas to another party O C) Brenda's Boutique will lose, because the company accepted the ofir too hte. D) Bils Design LLC, will win, becasse Brenda's Boutique anticipatorily repudiated by waiting so long to accept the oflier 0 o w E R S D F GH

Explanation / Answer

Option A. Brenda's boutique will win, as this was a firm offer under the Uniform Commercial Code (UCC).

Explanation is:

A firm offer is an offer with which a time period or an event tied. For instance : within 30 days as it is in the question. Since the offer was written and accepted within the time period (29 days), the offer stands and legally Brenda is following the offer within the stated time and hence will win if Bill's Designs refuses to honor the contract.

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