Hardware sent ram industries a signed purchase

Assignment Help Management Theories

Reference no: EM131117487

On May 2, Handy Hardware sent Ram Industries a signed purchase order that stated, in part, as follows:

Ship for May 8 delivery 300 Model A-X socket sets at current dealer price. Terms 2/10/net 30.

Ram received Handy's purchase order on May 4. On May 5, Ram discovered that it had only 200 Model A-X socket sets and 100 Model W-Z socket sets in stock. Ram shipped the Model A-X and Model W-Z sets to Handy without any explanation concerning the shipment. The socket sets were received by Handy on May 8.

Which of the following statements concerning the shipment is correct?

Ram's shipment is an acceptance of Handy's offer.
Ram's shipment is a counteroffer.
Handy's order must be accepted by Ram in writing before Ram ships the socket sets.
Handy's order can only be accepted by Ram shipping conforming goods.

Reference no: EM131117487

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