Shaggy agreed to buy Fred's golf clubs by sending him a letter in the mail accepting...
Shaggy agreed to buy Fred's golf clubs by sending him a letter in the mail accepting Fred's offer. Shaggy did not have any knowledge of Fred revoking his offer before he accepted the offer.
The mailbox rule applies to rejections or revocations.
A. True
B. False
Homework Answers
B. False.
The mailbox rule does not apply to rejections or revocations.
The mailbox rule, which applies to offer and acceptance under contract law, is the default rule for determining the time when a contract is accepted.
Acceptance of an offer is effective upon dispatch, while terminations are effective when received.
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Please see attached Pictures. This is a homework assignment for
Legal environment of Business that i need help solving.
Stacy mails Jennifer an offer to sell Jennifer 43 bags of rice for $107.00. Jennifer replies to Stacy by mail, stating, " agree to pay $105.75 for 43 bags of rice. Neither Stacy nor Jennifer are merchants. What is the status of Stacy's offer. 1. a. Jennifer has accepted it b. Jenifer has rejected it and counteroffered c, Jennifer has breached...
And there was a buy-sell arrangement which laid out the
conditions under which either shareholder could buy out the other.
Paul knew that this offer would strengthen his financial
picture…but did he really want a partner?It was going to be a long
night.
read the case study above and answer this question
what would you do if you were Paul with regards to financing,
and why?
ntroductloh Paul McTaggart sat at his desk. Behind him, the computer screen flickered with...
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