Beta inc offers to buy 25 screwdrivers from industrial, Ask an Expert

Management Studies

Beta Inc. offers to buy 25 screwdrivers from Industrial Hardware for $75. Industrial responds, “We have the screwdrivers you wish to purchase, but the price is $80.” Beta replies, “No, we can find them cheaper somewhere else.” Industrial now responds, “We accept your offer of 25 screwdrivers for $75.” Do they have a contract?

No, Industrial’s counteroffer terminated Beta’s offer.

No, Beta never made an offer since shipment terms were not included.

Yes, Beta made a firm offer.

Yes, Industrial was merely attempting to negotiate.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91645525

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