Rahul Met Jones at a Street Corner and Made a Verbal

question 38

True/False

Rahul met Jones at a street corner and made a verbal offer to buy his canoe for $200. Jones replied that he would "think about it." Rahul nodded affirmatively. The two then went about their separate business. Later in the day, Rahul met Brown, who also had a canoe for sale, and Rahul offered to purchase Brown's canoe for $175. Brown agreed to sell Rahul his canoe. At 4 p.m. the same afternoon, after Rahul and Brown had made their arrangement, Jones telephoned Rahul to say he would accept Rahul's offer to buy his canoe. The acceptance by Jones was ineffective because Jones did not reply to Rahul by way of a written acceptance.

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Definitions:

Mucous Cells

Specialized cells present in various glands and tissues that produce and secrete mucus.

Parietal Cells

Cells located in the lining of the stomach that secrete hydrochloric acid and intrinsic factor.

Chief Cells

Cells found in the stomach lining that secrete pepsinogen, an enzyme precursor important for digestion of proteins.

Endocrine Cells

Cells that produce hormones and release them directly into the bloodstream to regulate various bodily functions.