Bella Shipyard agrees to build a barge for MaxCo Shipping. The contract includes an option for up
Question:
Bella Shipyard agrees to build a barge for MaxCo Shipping. The contract includes an option for up to five more barges, but states that the prices of the other barges could be higher. Bella and MaxCo have
a. a binding contract for at least one barge and up to six barges.
b. a binding contract for one barge only.
c. no contract because the terms of the option are too indefinite.
d. no contract because both parties are merchants with respect to barges.
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a a binding contract for at least one barge and up to six barges In this scenario Bell...View the full answer
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Related Book For 
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
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