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Edwin,Marketing VP of Amalgamated Sales,Inc

Question 18

Multiple Choice

Edwin,Marketing VP of Amalgamated Sales,Inc. ,writes a letter dated August 1 to Bargain Stores,Inc.offering to sell candy to Bargain Stores at $50 per case for the next thirty days.Bargain Stores then contracts with local retailers based on the offer from Amalgamated.Ten days later,Amalgamated receives an offer from Dandy Stores,Inc.to purchase this same candy at a price of $75 per case.Can Amalgamated withdraw its offer to Bargain Stores?


A) Yes,the offer may be withdrawn since it lacks consideration.
B) No,as this is a firm offer.
C) Yes,the offer was simply an invitation to negotiate.
D) No,as this is only an option.

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