Oxtron,Inc.sent the following price list to its customers.
Dispensers:
SBC-500J $\quad$$\quad$$\quad$$\quad$$\quad$ $670.00
True TDD-1 $\quad$$\quad$$\quad$$\quad$$\quad$$875.00
True TDD-2 $\quad$$\quad$$\quad$$\quad$$\quad$$1,465.00
True TDD-3 $\quad$$\quad$$\quad$$\quad$$\quad$$1,515.00
CO2 Tank and Regulator $\quad$$150.00
Which statement is correct?
A)These price quotes would generally be considered offers.
B)These price quotes would generally not be considered offers.
C)These price quotes would generally be considered output contracts.
D)These price quotes would generally be considered requirements contracts.

Question

Oxtron,Inc.sent the following price list to its customers.
Dispensers:	 
SBC-500J	$\quad$$\quad$$\quad$$\quad$$\quad$  $670.00
True TDD-1	$\quad$$\quad$$\quad$$\quad$$\quad$$875.00
True TDD-2	$\quad$$\quad$$\quad$$\quad$$\quad$$1,465.00
True TDD-3	$\quad$$\quad$$\quad$$\quad$$\quad$$1,515.00 
CO2 Tank and Regulator	 $\quad$$150.00
Which statement is correct?
A)These price quotes would generally be considered offers.
B)These price quotes would generally not be considered offers.
C)These price quotes would generally be considered output contracts.
D)These price quotes would generally be considered requirements contracts.

Quizplus · Accepted Answer

The price list sent by Oxtron, Inc. cannot be considered as offers because it lacks the specificity required for a valid offer under contract law. The list does not include important terms and conditions such as quantity, delivery time, payment terms, etc. Therefore, the customers cannot accept the prices and create a binding contract by mere acceptance. Thus, these price quotes would generally not be considered offers.

Oxtron,Inc \quad \quad \quad \quad \quad $67000 True TDD-1 \quad \quad \quad

Oxtron,Inc $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $67000
True TDD-1 $\quad$ $\quad$ $\quad$