Examlex

Solved

To Form a Valid Contract for the Sale of Goods,if

question 19

True/False

To form a valid contract for the sale of goods,if the acceptance contains a price or warranty term different from the term in the offer,the parties have to renegotiate until they reach agreement.


Definitions:

List Price

The manufacturer's suggested retail price for a product, before any discounts or allowances.

Small Changes

Minor modifications or adjustments made to processes, products, or behaviors, often with the intention of improving efficiency, quality, or outcomes.

Company Profit

The financial surplus generated by a company after all operating expenses, including production costs, taxes, and overheads, have been deducted from total revenue.

Fare

A price paid for transportation.

Related Questions