Multiple Choice
The following series of events occurred between Bull's Meat Market and The Butcher: May 1 - The Butcher faxes Bull's and offers to buy 200 lbs. of T-bone steak at $3.29 per lb.
May 2 - Bull's faxes back: "Price is okay. Payment prior to delivery."
Bull's and The Butcher:
A) have a contract on May 2 with the payment term.
B) have a contract on May 2 without the payment term.
C) do not have a contract.
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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