If a Firm Engages in Price Discrimination, It May Defend

question 361

True/False

If a firm engages in price discrimination, it may defend itself by showing that there is a cost justification for charging different customers different prices.

Recognize the specifics and exceptions related to methods and timing of acceptance under different legal standards.

Distinguish between bilateral and unilateral contracts in terms of offer acceptance requirements.

Identify legal standings on whether silence or actions unrelated to the offer can signify acceptance.

Comprehend the legal power of the original offeree in accepting an offer and creating a contract.