Under the Uniform Commercial Code Rule 2-207 for the Sale

question 34

Multiple Choice

Under the Uniform Commercial Code Rule 2-207 for the sale of goods after a contract is made by the exchange of forms,when the acceptance form has terms additional to or different from the offer,_____.

• A) no contract will result because the acceptance form will be considered as a counteroffer and thus an implicit rejection of the offer
• B) a contract can result, but the differing terms may not be part of the contract
• C) a contract can result, and the differing terms must be included as part of that contract
• D) no contract will result because the acceptance form will not be considered as a counteroffer

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Definitions:

Leisure

Time spent away from work and essential domestic activities, often used for rest, recreation, or cultural pursuits.

Inferior Good

A type of good for which demand decreases when consumer income rises, in contrast to normal goods, where demand increases with rising income.

Consumer Income

The total amount of income earned by consumers in an economy, including wages, salaries, benefits, and other income sources, influencing their buying power.

Demand Curve

A graph that shows the relationship between the price of a good and the quantity demanded by consumers at various prices.