A TRUCKING COMPANY EXPECTS TO PURCHASE 525 TRUCK TIRES OVER THE NE...

30. A trucking company expects to purchase 525 truck tires over the next

year for their fleet. The company places a blanket order for the tires to

a local tire vendor. At the end of a year the company has only purchased

500 of the tires. What should be done to close the contract?

a. The trucking company should pay for the 25 tires and the tire ven-

dor should deliver them.

b. The total price of the blanket order should be adjusted.

c. The contract should be closed because the year is up and no adjust-

ments are necessary.

d. A new blanket order should be negotiated.