According to the Uniform Commercial Code Section 2-207, which of the following is true with regard to non-merchants dealing with the sale of goods?
A) A counteroffer by the offeree does not constitute a rejection, and the additional term added by the offeree will automatically become part of the contract.
B) A counteroffer by the offeree does not constitute a rejection, but the additional term added by the offeree will not become part of the contract.
C) A counteroffer terminates the negotiation and triggers the terms of the Restatement of the Law of Contracts.
D) A counteroffer constitutes a rejection of the original offer, but the parties may continue to negotiate the contract terms.
Correct Answer:
Verified
Q28: An executory contract is a contract the
Q29: A unilateral contract is a court-imposed agreement
Q30: Which of the following statements is true
Q31: Explain the differences among void, voidable, and
Q32: Explain the difference between a unilateral contract
Q34: An offeror can be given an amount
Q35: Section 2- of the Uniform Commercial Code
Q36: A unilateral contract is an exchange of
Q37: Mrs. Jones offers to sell her house
Q38: An offeree can forestall a revocation by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents