Question

During contract negotiations between Macro Corporation and National Sales Company, before a formal contract is signed, Macro announces that they have "made a deal." A court will most likely hold that the parties have an enforceable contract if
a. all essential terms have been agreed on.
b. National does not issue a "counter-announcement."
c. only disputed issues remain to be resolved.
d. only major terms are open for further negotiation.

Answer

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