Rice Corporation offers to sell Sushi Restaurants, Inc., five hundred bushels of rice. Sushi responds, "We agree to buy five hundred bushels only if the rice is Grade A quality." Without more, their contract is formed according to O a. the terms of the original offer. O b. none of the terms. O c. the new terms of the acceptance. O d. whatever is reasonable.
Rice Corporation offers to sell Sushi Restaurants, Inc., five hundred bushels of rice. Sushi responds, "We agree to buy five hundred bushels only if the rice is Grade A quality." Without more, their contract is formed according to O a. the terms of the original offer. O b. none of the terms. O c. the new terms of the acceptance. O d. whatever is reasonable.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Rice Corporation offers to sell Sushi Restaurants, Ic., five hundred bushels of rice. Sushi responds, "We agree to buy five hundred bushels only
if the rice is Grade A quality." Without more, their contract is formed according to
a. the terms of the original offer.
b. none of the terms.
c. the new terms of the acceptance.
d. whatever is reasonable.
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