Where the offeror is a merchant and the offeree is a nonmerchant, what is the effect of minor
different terms contained in an acceptance?
A) No contract is formed, and the purported acceptance is treated as a counteroffer.
B) A contract is formed according to the terms of the offer, and the additional terms are
treated as proposed additions to the contract.
C) A contract is formed, but only if the parties resolve the differences in the offer and the
acceptance.
D) The purported acceptance is treated as a rejection, except that the original offer remains
open under the firm offer rule.
E) A contract will be formed incorporating the different terms of the acceptance.
B
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The question-and-answer session with the audience during your presentation ________
A) helps you build your credibility by demonstrating your expertise and openness B) is not an effective way to make your presentation interactive C) does not allow you to deflect or address your audience's criticism D) undermines and trivializes the important parts of your presentation E) does not allow you to emphasize and expand on important points
Treasury bills do not
A) pay interest. B) have a maturity date. C) have a face amount. D) have an active secondary market.