Examlex
A firm can exercise greater control over its suppliers by having
Acceptance
In contract law, the affirmative response by an offeree to an offer, leading to the formation of a contract.
Counteroffer
A response to an offer in which the original offer is rejected and a new offer is proposed in its place.
Article 2
A section of the Uniform Commercial Code that governs sales of goods in the United States.
Firm Offer
in commercial law refers to a binding proposal made by a seller to sell goods or services at a specified price, which cannot be withdrawn for a certain period.
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