Chris Receives a Printed Form in the Mail from Wyandott

question 8

Multiple Choice

Chris receives a printed form in the mail from Wyandott Heating & Air indicating that he has placed a telephone order for a $600 heater. He doesn't recall placing the order. Which of the following is correct?

• A) Wyandott can hold Chris to the order.
• B) Chris can hold Wyandott to the order.
• C) Neither party is bound, because there is no signed writing.
• D) Chris is bound if he makes no objection within ten days.

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Definitions:

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors, using the same amount of resources.

Tariffs

Government levies on goods and services brought into the country, frequently employed to safeguard local industries against overseas rivals.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors, using fewer resources.

Textiles

Materials made from fibers, filaments, threads, or yarns, typically used in the production of fabrics and cloth.