Multiple Choice
Which of the following is true of a firm offer?
A) It occurs when parties intend to be bound by a contract,but fail to mention the price.
B) It occurs when a seller agrees to sell all it can produce to a particular buyer.
C) It occurs when a merchant promises to hold an offer open without any consideration.
D) It occurs when a buyer agrees to buy all its requirements from a particular seller.
Correct Answer:
Verified
Correct Answer:
Verified
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