What Did the Court in Reilly Foam Corp

question 87

Multiple Choice

What did the court in Reilly Foam Corp.v.Rubbermaid Corp.rule in regard to whether a quote is considered an offer under the UCC?

• A)That it is well recognized under the UCC that quotes are not considered offers.
• B)That it is well recognized under the UCC that quotes are considered offers.
• C)That generally quotes are offers but that some price quotes are sufficiently vague to be deemed mere invitations to enter into negotiations or to submit offers.
• D)That the UCC does not apply at all to disputes involving quotes because quotes are not goods.
• E)That generally quotes are not offers but that some price quotes are sufficiently detailed to be deemed offers.

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Definitions:

Cooperative Advertising

A marketing partnership between a manufacturer and a retailer wherein the costs of advertising are shared, often for the purpose of mutually beneficial promotion.

Retailer's Advertising

Marketing efforts carried out by retailers to promote their products, services, and brand to potential customers.

Local Advertising

Promotion and marketing efforts targeted at the audience within a specific geographic location.

Manufacturer's Products

Items produced by companies specializing in the fabrication and production of goods for sale in markets.