Which of the Following Conditions Can Prevent Additional Terms from Becoming

question 32

Multiple Choice

Which of the following conditions can prevent additional terms from becoming a part of a contract formed between parties who are merchants?

• A)There is a grumbling acceptance by both parties.
• B)The contract is regarding the sale of goods.
• C)The offer expressly limits acceptance to its own terms.
• D)The additional terms would not materially alter the contract.

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Definitions:

Compounded Annually

The process of adding interest to the principal sum of a deposit or loan, with the interest that has been added also earning interest from that point on.

Invest

Dedicating financial resources with the objective of achieving income or profit returns.

Fund

A pool of money set aside for a specific purpose or allocated for investing in various assets.

Interest

The cost of borrowing money or the return on investment, usually expressed as a percentage of the principal.