Solved

A Buyer Who Is Not a Merchant in Boats Is

Question 80

Multiple Choice

A buyer who is not a merchant in boats is at a boat store and orally agrees to purchase a sailboat for $2,000.The buyer sends a written confirmation to the boat dealer the next day describing all relevant terms of their agreement.When the buyer goes to the store a week later to pick up the boat,the store refuses to sell the boat for $2,000.Which is true?


A) This contract is not enforceable because it is not in writing.
B) This contract is enforceable because the boat dealer did not object to the written confirmation.
C) This contract is enforceable if $2,000 is a reasonable price for the boat.
D) This contract is enforceable because the boat dealer is a merchant.
E) The firm offer rule would require the boat to be sold at the offered price of $2,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents