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:

Working Conditions

The environment, including physical and psychological aspects, in which employees carry out their job duties.

Compensating Wage Differentials

Wage differences that compensate workers for risk, unpleasant working conditions, and other undesirable nonpecuniary aspects of a job.

Non-pecuniary Job Benefits

Non-pecuniary job benefits are perks or advantages of employment that do not involve direct monetary payment, such as a flexible working schedule or health insurance.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or sexual orientation instead of job qualifications or performance.