At this point what is true about agreement

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1. Facts: A orally offered to sell B 100 premium-grade blue ink ballpoint pens, but neglected to state the price. B accepted via letter. A received the acceptance letter, but immediately thereafter, A tried to get out of the deal. Assume that A and B are both merchants, as defined under the UCC.

At this point what is true about this agreement between A and B? Explain your rationale in detail.

2. Facts: A ordered 100 19-inch color TV sets from B, and requested prompt shipment of the goods. B promptly shipped to A 100 21-inch color TV sets. Prior to shipment, B did not notify A that he was shipping nonconforming TVs as an accommodation.

Assuming both A and B are merchants, under UCC rules, discuss (1) whether there is a valid, enforceable contract between A and B and why, and (2) the options A and B have at this point.

Reference no: EM131479183

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