1. You are organizing a May Madness dog show and must purchase ribbons for the first place, second place and third place winners plus participation ribbons for all entrants. You contracted a supplier who will provide this to you for a total price of $600, printed with the name "May Madness" and your logo in gold print. You have heard some rumors that the supplier might not be reliable and want to be sure you are legally protected if he does not perform. which statement is correct? A. There is no writing requirement of this contract because this is an order for specially manufactured goods. B. This contract would need to be in writing to be enforceable and the price must be mentioned in the written documentation of your agreement. C. No documentation is required since your supplier is a merchant and should be trustworthy and acting in good faith. D. You need a writing to document the oral agreement and it must include the quantity of goods for it to be an enforceable agreement.
1. You are organizing a May Madness dog show and must purchase ribbons for the first place, second place and third place winners plus participation ribbons for all entrants. You contracted a supplier who will provide this to you for a total price of $600, printed with the name "May Madness" and your logo in gold print. You have heard some rumors that the supplier might not be reliable and want to be sure you are legally protected if he does not perform. which statement is correct? A. There is no writing requirement of this contract because this is an order for specially manufactured goods. B. This contract would need to be in writing to be enforceable and the price must be mentioned in the written documentation of your agreement. C. No documentation is required since your supplier is a merchant and should be trustworthy and acting in good faith. D. You need a writing to document the oral agreement and it must include the quantity of goods for it to be an enforceable agreement.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
Transcribed Image Text:1. You are organizing a May Madness dog show and must purchase ribbons for the first place, second place
and third place winners plus participation ribbons for all entrants. You contracted a supplier who will provide
this to you for a total price of $600, printed with the name "May Madness" and your logo in gold print. You
have heard some rumors that the supplier might not be reliable and want to be sure you are legally protected
if he does not perform. which statement is correct?
A. There is no writing requirement of this contract because this is an order for specially manufactured goods.
B. This contract would need to be in writing to be enforceable and the price must be mentioned in the written
documentation of your agreement.
C. No documentation is required since your supplier is a merchant and should be trustworthy and acting in
good faith.
D. You need a writing to document the oral agreement and it must include the quantity of goods for it to be
an enforceable agreement.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Recommended textbooks for you
Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,
Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,
Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:
9780134149530
Author:
Gary Armstrong, Philip Kotler
Publisher:
PEARSON
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning