Homeowner called up Hardware Store ("Store") on the phone and asked the representative how much Store charges for Acme-brand, two-foot-high vinyl picket fencing. Store's representative said, "$2 per running foot." Homeowner said, "Great. I'll take 200 running feet and will be down this afternoon to pick it up." Assume no further communication or actions by the parties.

Which is the most accurate description of the parties' status at this point in time?

Answer rating: 100% (QA)

At this point the homeowner and the store have a verbal agreement for the purchase of 200 running fe... View the full answer