QuickHelper

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    Phoniex
    Jul-2007 - Jun-2012

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Category > HR Management Posted 02 Oct 2017 My Price 10.00

Merchant A and Merchant B are negotiating in good faith for the sales of widgets.

Merchant A and Merchant B are negotiating in good faith for the sales of widgets. Merchant B accepts the terms of Merchant A's offer, but adds to the bottom of the form "interest rate at 2% for unpaid balance as usual." Merchant A does not object. Under these facts and UCC 2-207:

 

options:

1)   A contract is formed on the original terms.

2)   No contract is formed; they are still negotiating.

3)   Contract is formed including the interest rate for unpaid balance.

4)   No contract because B's acceptance is not a mirror image of A's offer.  

Answers

QuickHelper
(10)
Status NEW Posted 02 Oct 2017 05:10 PM My Price 10.00

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