Under the UCC, Between Merchants, Any Additional Terms Added to the Acceptance

question 18

Multiple Choice

Under the UCC, between merchants, any additional terms added to the acceptance of an offer

• A) have no effect on the original offer.
• B) are a counteroffer that terminates the original offer.
• C) will automatically become part of the contract if the offeree's response indicates a definite acceptance of the offer.
• D) are a rejection of the original offer.

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Definitions:

Sales Units

The quantity of items or services sold by a business within a specific period.

Quick Ratio

A measure of a company's ability to meet its short-term obligations using its most liquid assets.

Current Portion

The part of long-term debt that is due within the next 12 months.

Long-Term Debt

Financial obligations of a business that are due for repayment in more than one year, such as bonds, mortgages, and long-term loans.