A Customer Requested a Price from a Carpenter on a Teak

question 12

Multiple Choice

A customer requested a price from a carpenter on a teak cabinet to be built according to the buyer's specifications. Because teak wood is difficult to obtain, the customer agreed to pay the cost of the wood plus $175 and the carpenter agreed to build it. Which of the following is correct?

• A) Although the price is somewhat unclear, the parties have entered into a contract.
• B) This is an agreement to agree, and is not binding.
• C) This agreement fails for indefiniteness.
• D) The carpenter is bound by the agreement, but not the customer.

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Definitions:

Object Properties

Characteristics of objects that are perceived by the senses, such as shape, color, texture, and size.

Infancy

The stage in human development that spans from birth to 24 months, characterized by rapid physical and cognitive growth.

Inborn Cognitive Capabilities

Innate mental abilities or brain functions present from birth, influencing learning, understanding, and contextual adaptation.

Piaget

A Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development stages.