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A customer requested a price from a carpenter on a teak cabinet to be built according to the buyer's specifications. Because teak wood is difficult to obtain, the customer agreed to pay the cost of the wood plus $175 and the carpenter agreed to build it. Which of the following is correct?

A) Although the price is somewhat unclear, the parties have entered into a contract.

B) This is an agreement to agree and is not binding.

C) This agreement fails for indefiniteness.

D) The carpenter is bound, but not the customer.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9272276

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