Newspaper advertisements and information on a multiple listing service are not offers to sell but merely an:
A. offer to be bound by a future contract
B. order to respond, which, when responded to, creates a binding contract
C. option
D. invitation to negotiate
Answer: D. invitation to negotiate
You might also like to view...
A recommendation for becoming more adept at making decisions under crisis conditions is
a. to establish a special committee. b. to avoid taking risks. c. to anticipate crises d. to avoid speaking to the media.
For the next quarter, Charter Manufacturing projects the following information (in units)
July Aug. Sept. Retail demand 8,000 8,000 12,000 Dealer demand 16,000 20,000 24,000 Shop capacity 26,000 26,000 26,000 Painting capacity 1242,000 24,000 24,000 Demand drives production for that month and cannot be carried over from one month to another. Retail customers are satisfied first. Required: a. Prepare a schedule that shows the number of retail and dealer units to be made and sold each month. b. Review the above information and comment on your observations. What suggestions do you have for Charter Manufacturing?